Nvidia shares fall as board reportedly weighs removing CEO Jensen Huang
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In 50 words
Nvidia shares fell about 8% in after-hours trading on Wednesday after the Wall Street Journal reported the board may remove co-founder and CEO Jensen Huang. The paper, citing sources, said the board could meet as soon as Wednesday. Huang has admitted to an affair, according to TechCrunch.
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Why it matters
Nvidia designs the chips that power the AI boom, so a change at the top of the company could matter to the wider tech sector, according to TechCrunch.
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- TechCrunchRead the original article →
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