Nvidia Board Meets to Discuss the Future of Jensen Huang
Nvidia's board is meeting to discuss the future of Jensen Huang as the chipmaker's share price falls, according to reports.
According to The New York Times, Nvidia's board is meeting to discuss the future of Jensen Huang. The report, by Tripp Mickle and Maggie Haberman, said Mr. Huang has been under scrutiny for an affair with a woman said to be a "Chinese spy," as well as a relationship with an executive at his A.I. chip company.
The Guardian, in a live report by Jonathan Yerushalmy, said the board was reportedly meeting to decide the future of CEO Jensen Huang as the chipmaker's share price plunged. The outlet's live coverage is available at The Guardian's live report on Nvidia.
According to The Guardian, Nvidia's shares were sliding about 8 percent in after-hours trading. The outlet described the company as a roughly $4 trillion chipmaker that Mr. Huang co-founded, and said his potential departure would leave a leadership vacuum there.
The Guardian also reported that analysts have suggested that, with "no obvious successor," the board faces a difficult decision on whether to remove Mr. Huang as chief executive.
The two reports differ in emphasis. The New York Times described the board as meeting, while The Guardian said the meeting was reported. Neither source gives an outcome of the meeting.
Sources: The New York Times: Nvidia’s Board Is Meeting to Discuss Jensen Huang’s Future; The Guardian: Nvidia board reportedly meeting to decide CEO Jensen Huang’s future as chip giant’s share price plunges - follow live.