Nvidia board reportedly preparing to oust CEO Jensen Huang
Understand this story
According to The Wall Street Journal, Nvidia's board is set to meet as soon as Wednesday to decide the fate of co-founder and CEO Jensen Huang. Huang has been at Nvidia for 33 years. Huang previously acknowledged an extramarital affair with a woman identified by U.S. intelligence as a Chinese spy; The New York Times reported Wednesday evening that he had another affair with a direct-report executive. After the news emerged, Nvidia shares fell about 8% after the close on Wednesday and are down about 11% over the past five days.
AI overview based on source reports · Updated 3 days ago
Coverage timeline
Follow the coverage to explore different perspectives.
- TechCrunch · AIFeaturedNvidia’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.
Activity for this story
- Current comparable activity
- 3
- Peak comparable activity
- 10Nov 12 08:00
- Change in the past 24 hours
- -51%
Trends compare the same fully observed participants, which may cover fewer participants than current activity. Move the pointer or tap the chart to inspect hourly activity; use the left and right arrow keys with a keyboard.