Nvidia's board may remove CEO Jensen Huang after scandals and espionage allegations.
On November 12, it was reported that Nvidia's board was preparing to decide the fate of CEO and co-founder Jensen Huang amid revelations about two extramarital affairs and a related spying scandal; on November 8, Huang admitted to adultery and apologized to his family and employees, and the company launched an independent investigation, media reported.
The "New York Times" and the "Wall Street Journal" write that one of the affairs was a relationship with Alice Huang, a former director of Megaspeed, whom the American intelligence agencies suspect of transferring data to China; He then began an affair with a subordinate, Vice President of Health Kimberly Powell, which, according to the NYT, violates the code of ethics. The board initially publicly supported Huang, but is considering firing after new information. Nvidia shares fell more than 8% in over-the-counter trading; According to media reports, individual workers and public figures are calling for Huang to be retained. There is no final decision; Alice Huang's involvement in espionage has not been proven.
Tolper. Media.