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Nvidia stock falls 7% as investors await Jensen Huang’s fate
Nvidia shares fell on Thursday as the company's board met to decide whether to remove Jensen Huang as CEO following reports that he had had two extramarital affairs. On Sunday, Huang admitted to having an affair .
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Nvidia shares dropped about 7% on Thursday as the company’s board convened to consider removing CEO Jensen Huang following reports of two extramarital affairs. Huang publicly acknowledged an affair on Sunday, confirming a relationship with Alice Huang, an executive at cloud firm Megaspeed. The Financial Times cited U.S. intelligence officials who suspect Alice Huang of acting as a Chinese spy. The board’s decision on Huang’s future leadership remains pending.
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