Nvidia shares plunge amid reports board to discuss CEO Huang’s future
Summary
Nvidia shares fell more than 8 percent in after-hours trading on Wednesday following reports that the board would discuss CEO Jensen Huang’s future. The reports linked the possible discussion to allegations about Huang’s personal life; Nvidia had not immediately responded to Al Jazeera’s request for comment.Key Facts
- Nvidia’s shares dropped more than 8 percent in after-hours trading.
- The New York Times, Financial Times and Wall Street Journal reported that Nvidia’s board would discuss Huang’s position.
- The article described Nvidia as a company valued at $4.2 trillion.
- Reports alleged that Huang had a relationship with an Nvidia employee.
- The article also reported an alleged affair with a woman accused of working for Chinese intelligence services.
- Nvidia did not immediately respond to Al Jazeera’s request for comment.
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