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Nvidia board reportedly preparing to oust CEO Huang
Nvidia's board is preparing to oust CEO Jensen Huang after he had two extramarital affairs, including one with a suspected Chinese spy, the Wall Street Journal reported on Wednesday, citing people familiar with the matter, the Korea Times reports. Business Korea says Huang, who has led the world's largest AI semiconductor company for 33 years, is facing the most serious leadership crisis in the company's history. The controversy has already hit the company's market value: the Korea Times reports Nvidia shed about $430 billion over two sessions, and was on track to lose more than $470 billion. Huang admitted to an affair with Alice Huang, a businesswoman suspected of working as a spy for the Chinese government, and the board is investigating whether he was the target of a foreign intelligence effort, KBS World reports. Korean outlets are closely following the fallout, including scrutiny of President Donald Trump's close ties to Huang and the potential collateral damage in Washington.
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