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Reports say Nvidia’s board is weighing Jensen Huang’s future as CEO amid allegations about his personal relationships.

Several outlets reported that Nvidia’s board planned to discuss or consider removing Huang, while France24 later reported that the board met to consider his removal. Reports linked the board’s deliberations to allegations about Huang’s relationships, including one involving a woman described as suspected of working for Chinese intelligence; Nvidia shares fell sharply in after-hours trading.

What the reports agree on

  • Reports said Nvidia’s board was considering Huang’s future or a possible move to remove him. Ars Technica, Newsweek, ABC News, France24 and 1 more
  • Outlets reported that Nvidia shares fell more than 8 percent in after-hours or extended trading. Ars Technica, Al Jazeera, CBS News, France24
  • Reports described Huang as having admitted to an affair. Ars Technica, Newsweek, ABC News, CBS News

Where reports differ

  • France24 reported that Nvidia’s board met late Wednesday to consider removing Huang; other reports described a planned or possible meeting. France24
  • The Hill reported an 8.3 percent after-hours share decline, while Axios reported a fall of nearly 5 percent. Axios

Reported by one outlet

  • France24 reported that Nvidia has 11 directors and that its bylaws allow a majority vote to remove Huang with or without cause. France24
  • Newsweek reported that Megaspeed denied allegations and that China’s foreign ministry called the spy allegation unsubstantiated. Newsweek
  • ABC News reported that Republicans on the House Select Committee on China asked Huang to attend a closed-door briefing on November 18. ABC News
  • Axios reported that Nvidia’s independent panel hired Wachtell, Lipton, Rosen & Katz to handle its investigation. Axios

The original reports

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