NVIDIA's board of directors is preparing to oust Jensen Huang, and the US stock NVDA fell as much as 9% in after-hours trading.
Nov 12, 07:45
November 12 - According to The Wall Street Journal citing people familiar with the matter, Nvidia's board of directors is preparing to oust the company's founder and CEO Jensen Huang. Nvidia's board may convene a meeting as early as today (local time on the 11th) to decide on CEO Jensen Huang, who has been questioned due to allegations involving two extramarital affairs.
Previously, The New York Times reported that Jensen Huang also had an extramarital relationship with a Nvidia executive who directly reported to him.
According to data from the BIT stock platform, possibly affected by this news, Nvidia (NVDA.O) U.S. stocks fell as much as 9% in after-hours trading.