They’re Going to Dump Huang on News of a Second Affair

The Wall Street Journal reports that Nvidia’s (NVDA.O), opens new tab board is preparing to oust CEO Jensen Huang after he had two extramarital affairs, including one with a suspected Chinese spy.

It’s a shame about Huang and his inability to behave himself. He is very intelligent.

According to Reuters, the board is preparing to meet as soon as Wednesday to ‌determine his future, the report added.

Their stock is sinking, and shares slid about 8%, so they really have no choice.

Huang’s potential departure would leave a leadership vacuum at the roughly $4 trillion chipmaker he co-founded and built over more than three decades to become the dominant supplier of AI chips at the center of the global artificial-intelligence boom and US-China technology rivalry.

“Huang being removed immediately could ⁠be challenging for Nvidia since it does not have a succession plan in place … If Mr. Huang broke the law ​or violated company policies, the board is likely to act as soon as they have proof,” Gil Luria, head of technology ​research at D.A. Davidson, said.

Earlier in the day, the New York Times reported that Huang had an extramarital affair with a company executive who reported to him.

Did you see how pretty the Chinese spy was? It would be hard to resist, I imagine.

Nvidia is investigating whether the CCP targeted him. Do we need an investigation to know that they did?

 

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