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Nvidia perps crash 7% as CEO Jensen Huang reportedly faces the axe

CoinDesk ·

Nvidia perps are down 7% on Hyperliquid as traders react to reports that CEO Jensen Huang may be removed. Bitcoin continues to trade in a familiar price range.

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Nvidia's board met on Wednesday to discuss whether to remove CEO Jensen Huang, CNBC reported, as the company's stock fell 7%. The scrutiny follows reports of affairs, including a relationship with an alleged Chinese spy, according to Al Jazeera. Megaspeed has pledged to cooperate with a US probe, AP reported.

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  1. Financial Times(subscription required)Who could run Nvidia after Jensen Huang?Chip giant co-founder’s future as chief executive is uncertain following report of a second affair
  2. ForbesNvidia Shares Plunge As Board Reportedly Prepares To Oust CEO Jensen HuangThe AI chipmaker’s board reportedly met on Wednesday to discuss removing the company’s co-founder and CEO following revelations about two extramarital affairs, including one involving an alleged Chinese spy.
  3. CoinDeskNvidia perps crash 7% as CEO Jensen Huang reportedly faces the axeNvidia perps are down 7% on Hyperliquid as traders react to reports that CEO Jensen Huang may be removed. Bitcoin continues to trade in a familiar price range.
  4. New York Times(subscription required)What to Know About Nvidia’s Investigation of CEO Jensen HuangNvidia’s board is weighing the future of Jensen Huang, the company’s chief executive, admitted to an affair with a woman who U.S. intelligence says was spying for China.
  5. ABC NewsNvidia board reportedly preparing to oust CEO Jensen Huang after alleged affairsThe Nvidia board is reportedly planning to oust CEO Jensen Huang amid reports he engaged in two extramarital affairs.
  6. TechCrunchNvidia’s stock drops as board reportedly preps to oust CEO Jensen HuangAs soon as Wednesday evening, Nvidia's board could decide to remove its founder and CEO of 33 years.
  7. Ars TechnicaCEO Jensen Huang's job is suddenly on the line at NvidiaThe FBI is investigating as Nvidia’s board holds urgent talks over Huang’s future.
  8. MarketWatchNvidia’s stock drops as the board reportedly prepares to remove CEO Jensen HuangNvidia’s board of directors reportedly met late Wednesday to determine the CEO’s fate.
  9. The VergeNvidia is reportedly preparing to fire Jensen HuangNvidia's board is preparing to dismiss CEO Jensen Huang following a report from The New York Times about a second alleged extramarital affair, just days after he admitted to a separate affair with a woman alleged to be a Chinese spy, The Wall Street Journal reports. The second alleged affair was with an executive who
  10. Hacker NewsNvidia is preparing to oust Jensen Huang
  11. The Economist(subscription required)Jensen Huang must go