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Reports said Nvidia’s board would consider CEO Jensen Huang’s future amid scrutiny over alleged relationships and China-related claims.
Several outlets reported that Nvidia’s board planned to discuss whether Huang should remain CEO, following reports of alleged relationships and questions about Alice Huang’s possible ties to Chinese intelligence. Huang acknowledged being unfaithful and apologized to his family; Nvidia said it had opened an investigation, while it and other parties disputed or denied parts of the allegations.
What the reports agree on
- The Wall Street Journal reported that Nvidia’s board might meet as soon as Wednesday to discuss Huang’s future. ABC News, Newsweek
- Huang acknowledged being unfaithful and apologized to his family or employees. ABC News, CBS News, Newsweek, Guardian World
- Nvidia said it had opened an investigation into the matter. ABC News, Axios, Newsweek, Guardian World
- Reports described Alice Huang as suspected of having ties to Chinese intelligence; the claims were not established as fact in the summaries. ABC News, Newsweek, Guardian World, Al Jazeera
- Nvidia shares fell more than 8% in after-hours trading after reports about possible board action. Ars Technica, CBS News, France24, Newsweek and 2 more
Where reports differ
- The reported share-price drop differed by account: The Hill said about 8.3% after a report of a second alleged affair, while Axios reported nearly 5% after the New York Times report. The Hill
Reported by one outlet
- France24 reported that Alice Huang was scrutinized over purchases of advanced Nvidia chips that may have been illegally sent to mainland China. France24
- Al Jazeera reported that Megaspeed bought more than $4.8 billion in Nvidia chips over about two years, and that it denied allegations of helping Chinese companies obtain restricted chips. Al Jazeera
- PBS NewsHour reported that the Justice Department’s National Security Division was investigating possible export-control violations involving Megaspeed. PBS NewsHour
- The Hill reported that Nvidia shares rose about 3.4% in late-morning trading Wednesday, rebounding from Tuesday’s close below $169. The Hill
The original reports
- Newsweek Jensen Huang: The Leather Jacket Lothario’s $1.8 Trillion Aura Loss
- Guardian World Thursday briefing: What we do (and don’t) know about Alice Huang and the Nvidia affair
- Guardian World Nvidia board reportedly deciding whether to oust CEO Jensen Huang as stock price plunges
- France24 Nvidia board weighs ouster of CEO Jensen Huang amid spy scandal
- France24 Nvidia board to decide whether to oust longtime CEO Jensen Huang
- Newsweek Jensen Huang's Nvidia Future in Limbo Amid Reported Second Affair
- ABC News Nvidia board reportedly preparing to oust CEO Jensen Huang after alleged affairs
- Al Jazeera What could Chinese intelligence have learned from Nvidia CEO’s affair?
- Al Jazeera Nvidia shares plunge amid reports board to discuss CEO Huang’s future
- CBS News Nvidia preparing to fire CEO Jensen Huang after affair with suspected Chinese spy, sources say
- The Hill Nvidia stock tanks after report of second Huang affair
- CBS News Nvidia's board preparing to oust CEO Jensen Huang, sources say
- CBS News Nvidia shares dive after report that board preparing to oust Jensen Huang
- Ars Technica CEO Jensen Huang's job is suddenly on the line at Nvidia
- The Hill Trump embraces Huang as espionage scandal shakes Nvidia
- Axios Nvidia sinks after report implicates CEO Jensen Huang in 2nd affair
- PBS NewsHour How Nvidia CEO Jensen Huang's extramarital affair could cause collateral damage in Washington
- The Hill Kudlow calls on Nvidia CEO to step down
- France24 Undone by a honey trap? Nvidia's Jensen Huang at heart of China spy scandal
- France24 Nvidia's Jensen Huang at heart of China spy scandal
- CBS News Nvidia short-seller warned of Jensen Huang's ties to suspected spy
- The Hill Nvidia stock rebounds as scrutiny into Huang mounts
- Newsweek What Did Trump Admin Know About Nvidia Spy Claims? Unanswered Questions
- The Hill Who is Alice Huang, alleged spy who reportedly had affair with Nvidia CEO?
- CBS News Investors, lawmakers demand answers from Nvidia's Jensen Huang over affair with alleged Chinese spy