Economy
Nvidia board meets to consider ousting longtime CEO Jensen Huang
The chipmaker's shares tumbled more than 8% in extended trading and wiped out about $600 billion in market value amid reports of extramarital affairs and an intelligence investigation.
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The essentials of this story
- What happened
- Nvidia's board is meeting to decide whether to oust CEO Jensen Huang amid personal conduct allegations and an intelligence probe.
- Who is affected
- Nvidia investors, customers, and employees.
- What changes
- The chipmaker faces potential leadership upheaval, executive searches, and significant market value fluctuations ahead of its quarterly financial results.
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