Nvidia Board Moves to Oust Jensen Huang Amid Spy Scandal

Nvidia Board Moves to Oust Jensen Huang Amid Spy Scandal

Nvidia’s board is preparing to remove co-founder and chief executive Jensen Huang after reports of an affair with Alice Huang, whom American intelligence believes worked for Chinese intelligence, and a second relationship with an executive. Shares fell more than eight percent in after-hours trading as investors assessed succession risks, the Federal Bureau of Investigation inquiry and potential effects on Nvidia’s artificial intelligence chip sales.

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