Nvidia board meets on CEO Jensen Huang’s future after reports of two extramarital affairs
Briefing by News4U · First published
Nvidia’s board is meeting to decide whether to oust CEO Jensen Huang after reports of two extramarital affairs, one with an alleged Chinese intelligence operative; shares fell more than 8 percent in after-hours trading, dragging Nasdaq futures and Asian indexes lower. Huang owns about 3.6 percent of Nvidia stock and has no obvious successor. The company hired Wachtell, Lipton, Rosen & Katz to investigate the relationship with the alleged Chinese intelligence operative. President Trump said he believed Huang had no idea the woman was a spy. [1] [2] [3] [4] [5] [6] [7]
Sources
- Nvidia shares plunge amid reports board to discuss CEO Huang’s future
Al Jazeera · · Full text
- Nasdaq futures fall as Nvidia sinks 8% after hours on report board may oust Huang
MarketWatch · · Summary only
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The Guardian Business · · Excerpt
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The Japan Times · · Summary only
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WSJ Markets · · Summary only
- HK, region take toll as Nvidia fate hangs in balance
RTHK Finance · · Excerpt
- Nvidia Weighs on US Index Futures as CEO Uncertainty Hits Shares
Bloomberg · · Summary only