Nvidia’s stock drops as board reportedly preps to oust CEO Jensen Huang

The Wall Street Journal reports that Nvidia's board is meeting as soon as Wednesday to determine CEO Jensen Huang's future at the company he co-founded and has led for 33 years. Huang admitted on Sunday to an extramarital affair with a woman U.S. intelligence purportedly identifies as a Chinese spy, and the New York Times reported Wednesday that he also had an affair with an executive who reports to him. Nvidia stock fell about 8% in after-hours trading Wednesday and is down about 11% over the past five days.