Nvidia is reportedly preparing to fire Jensen Huang

Tech AI Business Nvidia is reportedly preparing to fire Jensen Huang The Nvidia CEO had a second affair, allegedly with an executive who reports to him, The New York Times reports.

The Nvidia CEO had a second affair, allegedly with an executive who reports to him, The New York Times reports.

The Nvidia board will meet as soon as Wednesday night to decide on Huang’s future at the company, according to the Journal . Nvidia did not immediately respond to a request for comment from The Verge .

On Thursday morning, Nvidia announced Huang’s resignation , saying CFO Colette Kress has been appointed interim CEO.

Huang and Powell, who are both married to other people, were allegedly captured together at a hotel in San Jose during Nvidia’s GTC developer conference in March, two unnamed sources told the Times . The Times has not seen the video. Rumors about a potential affair between the two had long circulated at Nvidia, an unnamed source told CNBC , partially because Powell does not have a health or science background.

Nvidia’s stock fell more than 7 percent in after-hours trading Wednesday.

Since Nvidia and Huang confirmed an extramarital relationship with Megaspeed executive and alleged spy Alice Huang and a subsequent investigation over the weekend, the company has said it retained former US attorney Joon H. Kim and his firm, Wachtell, Lipton, Rosen & Katz, to handle it, but today’s rumor suggests it won’t wait for those results to act. Last year, Huang hired crisis communications firm Heller known for handling public sex scandals, according to Wired . Its founder has advised several powerful men who faced public scrutiny, Wired reported, like former congressman Anthony Weiner and writer Jeffrey Toobin. Heller did not immediately respond to a request for comment from The Verge .

Update, November 12th : Added note that Huang has now resigned .

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