Nvidia's board of directors is preparing to fire the company's founder and CEO Jensen Huang, the Wall Street Journal writes, citing sources familiar with the situation. According to them, a meeting about Huang's "future fate" may take place today.
According to Bloomberg, Nvidia's board hired an outside firm to search for potential successors to Huang. The interlocutor of the agency said that the company's management is considering the possibility of appointing a temporary manager while searching for a permanent successor.
CBS News sources, in turn, reported that US President Donald Trump's administration is aware of Nvidia's board plans.
Huang was suspected of having "close ties" to Mega Speed's director, Alice Huang, in early November. According to the Financial Times, the pair were connected not only by close ties, but by a romantic relationship. At the same time, US intelligence agencies consider Huang to have been recruited by China's Ministry of State Security. The head of Nvidia admitted to betrayal in an address to employees. He apologized to the woman and children he hurt, but did not name the woman he was in a relationship with.