Headline Roundup November 11
Nvidia Board Reportedly Weighs Firing CEO Jensen Huang
Summary from the AllSides News Team
Nvidia's board is preparing to fire CEO Jensen Huang after reports surfaced this week of him having two extramarital affairs, including one with a Chinese spy, according to Wall Street Journal (Center bias).
The Details: Wall Street Journal reported that the board was preparing to meet as soon as Wednesday to determine whether they'd fire Huang, who is also the founder of Nvidia. Also on Wednesday, The New York Times (Lean Left) reported that Huang had a second affair with Kimberly Powell, Nvidia's vice president of health care, who also reports to him.
For Context: Huang admitted to having an extramarital affair with Alice Huang (no relation), who US intelligence found to be a Chinese spy. The New York Times first covered the affair and Alice Huang's alleged Chinese intelligence relations in October.
How the Media Covered It: The Journal said "his departure would bring down the curtain on an era during which he stoked the global artificial-intelligence boom and became a geopolitical star" and "would leave one of the world's most valuable companies in need of a new leader." New York Post (Right) cited people in Nvidia who said Huang had tried to act "business as usual" this week after the reports came out. Fox Business (Lean Right) and Axios (Lean Left) both noted the negative impacts of the affairs on Nvidia's stock market performance.
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Soeren Stache/picture alliance via Getty Images
Shares in Nvidia sank Wednesday night after the New York Times reported CEO Jensen Huang had a second affair with a senior executive who reports to him.
Nvidia CEO Jensen Huang tried to act "business as usual" as he returned to the chipmaker's California offices this week β shortly before it emerged that the company's board was reportedly moving to oust him amid a separate report that he had a second affair with a subordinate.
Nvidia's board is preparing to oust CEO Jensen Huang, its founder and chief executive after he had two extramarital affairs, including one with a suspected Chinese spy.