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Nvidia considers replacing CEO Jensen Huang after affair claims, board prepared

Nvidia considers replacing CEO Jensen Huang after affair claims, board prepared
Nvidia board considers CEO change

Nvidia's board prepared to replace CEO Jensen Huang due to allegations of at least two inappropriate extramarital affairs, including one with a suspected Chinese spy and another with a subordinate, raising concerns about AI supply-chain risks.

This information was shared by Gary Black, managing partner and investor at The Future Fund, who also noted that tech stocks halted pre-market, with the S&P 500 down 0.3% and the Nasdaq 100 down 0.7%.

Black previously took a cautious stance on Tesla amid negative earnings revisions and growing autonomy risk, as noted in recent commentary. He has also cited strong SPCX quarterly results as a factor supporting tech stocks such as Nvidia, Micron, and Dell, according to earlier reports. His views continue to track shifts in tech sector performance.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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