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Nvidia CEO Huang Faces Ouster Reports Over Affair Scandal
Nvidia CEO Jensen Huang is at the center of a widening scandal after admitting to an extramarital affair with Alice Huang, a businesswoman suspected of working as a spy for the Chinese government, KBS World reports. The Wall Street Journal, cited by the Korea Times, reports Nvidia's board is preparing to oust Huang following two extramarital affairs, including one with the suspected spy. A shareholder has also sued Nvidia and Huang, accusing them of deceiving investors in their responses to media reports about the affair, the Korea Times reports. Nvidia shed about $430 billion in market value over two sessions as the controversy escalated, according to the Korea Times. Nvidia said on Sunday it is probing whether Huang was the target of a foreign intelligence effort, the Korea Times reports. Korean outlets are closely following the story, with the Korea Times running multiple pieces examining what is known and unknown about the alleged spy plot, the potential collateral damage in Washington, and questions about Nvidia's future. The coverage emphasizes Huang's role as the leading face of the AI revolution and how the personal scandal now threatens the chipmaker's standing.
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