JUST IN: Nvidia's board will hold an emergency meeting today to decide whether CEO Jensen Huang should be fired and replaced with an interim CEO.
The Wall Street Journal reports the board is preparing to oust Huang, and Bloomberg reports Nvidia is working with an outside firm to find successors while weighing an interim CEO. No decision has been announced.
The move follows two affair allegations — the NYT's Kimberly Powell report and the earlier case involving a suspected Chinese intelligence asset — both now under a board investigation.
$NVDA slid sharply in after-hours trading. If the board acts, who should lead Nvidia next?
#Nvidia #NVDA #Stocks
DYOR. This is not financial advice.
The Wall Street Journal reports the board is preparing to oust Huang, and Bloomberg reports Nvidia is working with an outside firm to find successors while weighing an interim CEO. No decision has been announced.
The move follows two affair allegations — the NYT's Kimberly Powell report and the earlier case involving a suspected Chinese intelligence asset — both now under a board investigation.
$NVDA slid sharply in after-hours trading. If the board acts, who should lead Nvidia next?
#Nvidia #NVDA #Stocks
DYOR. This is not financial advice.
