Nvidia to fire CEO Huang amid scandals

Nvidia's board is preparing to remove CEO Jensen Huang. This is reported by the Wall Street Journal, citing sources.

According to the newspaper, Huang had two extramarital affairs. One of them is with a woman who is suspected of working for Chinese intelligence. The Board of Directors will hold a meeting on Wednesday to determine its future.

Earlier in the day, the New York Times reported on Huang's affair with an employee of the company, who was under his command. Following those reports, the company's shares fell about 8 percent in over-the-counter trading.

The reports came just days after Huang confessed to his wife’s infidelity. Nvidia's board is investigating whether it was targeted by a foreign intelligence operation.

Later, Republican Senator Kevin Kramer demanded that Huang resign, and US President Donald Trump said that the FBI was investigating the case.

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