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Nvidia’s Board reportedly preparing to oust CEO Jensen Huang as second extra-marital affair emerges — stock has plunged 20% since scandals began, Huang has been first and only CEO for 33 years. (www.tomshardware.com)
submitted 23 hours ago by to c/technology@lemmy.world
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[–] 6 points 7 hours ago (1 child)

There's likely more things going on behind the scenes that we aren't being told about. This probably isnt about the affair but something else like the board wanting to get rid of him or use him as a scapegoat for lower share prices while the AI bubble begins to collapse. I seriously doubt the board just learned about this in the past few weeks.

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  • [–] 2 points 6 hours ago

    This but also Elon had more political clout at the time, he has way way more control over the stock and the board, and the stock was super inflated based solely on Elon and shit he was saying.

    At the time everyone was saying that firing him, even if possible, would send the stock down to like 10% of its value. Which there's no way a board would do.

    Also that's still true.

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