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Nvidia CEO Jensen Huang is facing the most serious leadership crisis in the company's history, with the board reportedly preparing to oust him after revelations of two extramarital affairs, including one with a suspected Chinese spy, the Wall Street Journal reported. The board met late Wednesday to decide his future, and Huang has admitted to an affair with Alice Huang, a businesswoman suspected of working as a spy for the Chinese government. The scandal has wiped out more than $470 billion in Nvidia's market value over two sessions, and has tainted his rock-star image in Taiwan, where he was widely adored. Korean outlets report the board is preparing to remove him, though no final decision has been confirmed.