Nvidia: US media reports another affair by Jensen Huang - Nvidia is apparently preparing to throw him out
After the affair and suspicion of espionage, the board could decide on the boss's future on Wednesday evening
Quick Look
- Nvidia CEO Jensen Huang is facing dismissal after an admitted affair and suspicions of a Chinese honey trap.
- The Nvidia board could decide on its future on Wednesday evening.
- The share price was down more than seven percent after trading.
AI-generated summary
Why It Matters
With a good four trillion US dollars, Nvidia is the second highest valued company in the world. Jensen Huang admitted to an extramarital affair last Sunday. Nvidia is investigating the case internally.
New York. The ailing Nvidia CEO Jensen Huang is apparently facing another scandal: As the New York Times reported on Wednesday evening, Huang is said to have had another relationship, this time with an Nvidia manager who reports directly to him.
The report deals a further blow to the CEO after he admitted to an extramarital affair last Sunday. According to information from US security authorities, the woman could be a Chinese spy - it is suspected that the CEO of the most important chip company in the USA could have fallen into a so-called honey trap. Nvidia is investigating the case internally.
On Wednesday evening, the Wall Street Journal reported that Nvidia's board of directors was apparently preparing to remove CEO Jensen Huang. According to people familiar with the matter, the board could meet later that evening to decide Huang's future.
With a good four trillion US dollars, Nvidia is the second highest valued company in the world. As a result of the possible espionage affair, the share price fell significantly at the start of the week. On Wednesday evening, the shares were down more than seven percent after trading.
What to Watch
AI outlook — possibilities, not facts
The Nvidia board will decide on the removal of CEO Jensen Huang on Wednesday evening.
Likely · Within hours
Open Questions
- Will the Nvidia board actually remove Jensen Huang?
- Are the suspicions of espionage against the Nvidia manager confirmed?
- What concrete evidence do US security authorities have?
