WSJ: Nvidia preparing to remove CEO Jensen Huang
Detailed summary
The Wall Street Journal on Wednesday said US semiconductor giant Nvidia is set to remove CEO and co-founder Jensen Huang.
The Wall Street Journal on Wednesday said US semiconductor giant Nvidia is set to remove CEO and co-founder Jensen Huang.
The paper said Nvidia's board could make the decision within the day, citing people familiar with the issue.
Huang admitted to an extramarital affair with a female executive at a Singapore company that was an Nvidia customer.
US media have reported that the woman is suspected of working with Chinese intelligence agencies.
The New York Times also said on Wednesday that Huang had an affair with an Nvidia employee who reports directly to him.
The paper notes that Nvidia's code of conduct requires employees to avoid personal relationships that can create conflicts of interest.
Nvidia's shares fell about 10 percent in after-hours trading following the media reports.
Opening of the article, excerpted from NHK World. To read the rest, open the article on the publisher's site.
MarketNews shows the headline and summary published by the outlet. The full article is on the publisher's website. (www3.nhk.or.jp)
