Nvidia Board Meets to Decide CEO Jensen Huang's Future
Nvidia's board of directors has convened to determine the future of Chief Executive Officer Jensen Huang. The meeting follows Huang's admission of an affair with a woman suspected by U.S. intelligence of being a Chinese spy. Amid the uncertainty, the company's shares fell about 8% in after-hours trading.
The board of Nvidia has gathered to decide the fate of co-founder and Chief Executive Officer Jensen Huang, with the meeting stretching into the evening. The high-level discussions come amid concerns that Huang's potential departure would leave a significant leadership vacuum at the roughly $4 trillion chipmaker.
The board convened days after Huang admitted to having an affair with a woman who is believed by U.S. intelligence to be a Chinese spy.
Following the reports and the ongoing uncertainty surrounding Huang's role, the company's stock experienced a sharp drop, with shares sliding approximately 8% in after-hours trading.
Turkrazzi roundup · from 5 sources
What the sources say
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Al Jazeera · 2 h ago
Nvidia board weighs Jensen Huang’s future: Can it remove its founder?
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CNBC · 4 h ago
Nvidia stock falls 7% as investors await Jensen Huang’s fate
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The Guardian · 7 h ago
Nvidia board reportedly deciding whether to oust CEO Jensen Huang as stock price plunges
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The Guardian · 9 h agoNvidia board reportedly meeting to decide CEO Jensen Huang’s future as chip giant’s share price plunges – follow live
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CNBC · 10 h ago
Nvidia board meeting to decide CEO Jensen Huang’s fate stretches into evening
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IGN · 14 h agoNvidia Board Is Preparing to Potentially Oust CEO Jensen Huang
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Ars Technica · 14 h agoCEO Jensen Huang's job is suddenly on the line at Nvidia