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Nvidia Board Moves to Remove Jensen Huang in an AI Leadership Earthquake

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Source: Cherry Creek News

The chipmaker’s 33-year reign could end this week as a foreign-intelligence probe, a second reported affair, and an accelerated timetable converge — and the entire AI race is watching nervously. What we know Nvidia’s board is preparing to remove Chief Executive Jensen Huang, first reported by the Wall Street Journal, in an ending that would cap a 33-year reign. The move follows Huang’s admission of an extramarital affair with a woman U.S. intelligence officials identified as a Chinese spy, plus a second reported affair with a subordinate. Nvidia (NVDA) shares swung wildly — down more than 7% in after-hours trading Wednesday, yet up roughly 5% during the regular session — a telltale sign of a stock caught between faith in the product and fear over the leadership. Market strategist Dan Ives says a Huang departure could wipe 25% to 30% off the stock, to around $122 a share. Quarterly earnings are due Nov. 17 — just days before any board decision is expected to be finalized.

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