Nvidia board Jensen Huang CEO removal report, Digi Mart USA News: According to a Wall Street Journal report, the board of Nvidia is preparing to remove co-founder and CEO Jensen Huang following revelations about two extramarital relationships. Huang remains CEO, but his future could be decided soon.
The controversy began after reports about Huang’s relationship with Alice Huang, a businesswoman associated with Singapore-based data company Megaspeed. US intelligence officials reportedly suspect her of links to Chinese intelligence and of facilitating shipments of Nvidia chips to Chinese companies.
These allegations have not been independently established.
Huang acknowledged being unfaithful to his wife in a message to employees earlier in the week. The New York Times later reported a separate relationship involving Kimberly Powell, Nvidia’s vice president of healthcare, who reports to Huang.
The board was expected to meet as early as Wednesday, November 11, to determine Huang’s future. Reuters reported independently that the meeting was taking place, citing a person familiar with the matter.
However, no decision to remove Huang has been confirmed.
The reported developments have rattled investors, with Nvidia shares falling approximately 8% in after-hours trading following the Wall Street Journal report. A departure would leave Nvidia searching for a successor at a pivotal moment, given its central role in the global AI industry.
