The board of directors of chipmaker Nvidia is preparing to remove the company's co-founder and Chief Executive Officer Jensen Huang from his post, according to reports in the US media on Wednesday. The situation has developed following fresh allegations of an extramarital affair against the 63-year-old executive.
Earlier, information surfaced about Huang's relationship with a woman accused of espionage on behalf of China. The Wall Street Journal reported that the board was preparing to meet on Wednesday to decide Huang's future. The report cited people familiar with the matter.
Fresh Allegations
In a report published on Tuesday, The New York Times said Huang had also been involved in an extramarital relationship with an employee. The report identified the employee as a vice president of Nvidia's healthcare division.Board's Position
The board of directors has called an emergency meeting to discuss the future of the company's top leadership amid these developments. Nvidia has not yet issued any official statement. The board has not disclosed further details about its decision-making process.Analysts suggest that such a change at the helm of one of the world's most valuable technology companies could have significant implications for the global tech sector. However, no final decision has been confirmed regarding the board's ultimate course of action or Huang's future.
