Nvidia board reportedly deciding whether to oust CEO Jensen Huang as stock price plunges

Meeting comes after CEO admitted to having a relationship with a woman who is alleged to be a Chinese spyBusiness live – latest updatesNvidia’s board of directors met on Wednesday to decide whether to oust Jensen Huang as CEO of the world’s most valuable chip company, according to multiple reports, after a tumultuous week in which the executive and co-founder of the company admitted to having a romantic relationship with a woman who is alleged to be a Chinese spy.The meeting marks ⁠a sharp shift from Sunday, when Nvidia’s board ​expressed confidence in Huang and his leadership team. However, Huang’s position became more tenuous late on Wednesday after it was reported by the New York Times that Huang had a separate extramarital affair with a company employee named Kimberly Powell. She was Nvidia’s president of healthcare and was reportedly captured on video being affectionate with Huang at a hotel during a company conference in March. Continue reading…Technology | The GuardianRead More