$NVDAB You could lose the man who built the age of artificial intelligence… over a scandal unrelated to technology.
Reports from The Wall Street Journal and Reuters say the board is preparing to remove Jensen Huang after a second relationship with an employee who reports to him came to light.
The matter is no longer personal; it has become a corporate governance and national security crisis, with an independent investigation and a shareholder class-action lawsuit.
NVIDIA shares fell about 7.5% in after-hours trading, and the company lost more than $300 billion in market value.
Huang has led NVIDIA for 33 years, and his departure could change the rules of the AI race entirely.
The question isn’t: Is he guilty?
It’s: Can a multibillion-dollar company be run by one mind… and then have that mind suddenly disappear?
#HuangRisksOusterOverReportedAffairWithSubordinate
Reports from The Wall Street Journal and Reuters say the board is preparing to remove Jensen Huang after a second relationship with an employee who reports to him came to light.
The matter is no longer personal; it has become a corporate governance and national security crisis, with an independent investigation and a shareholder class-action lawsuit.
NVIDIA shares fell about 7.5% in after-hours trading, and the company lost more than $300 billion in market value.
Huang has led NVIDIA for 33 years, and his departure could change the rules of the AI race entirely.
The question isn’t: Is he guilty?
It’s: Can a multibillion-dollar company be run by one mind… and then have that mind suddenly disappear?
#HuangRisksOusterOverReportedAffairWithSubordinate