Reports: Nvidia Board Moves to Oust CEO Jensen Huang

Amid allegations regarding a spy scandal and personal ties, reports in the U.S. indicate the board is working to remove Jensen Huang from his position.

Nvidia's board of directors is working to oust CEO Jensen Huang, according to reports by the Wall Street Journal and CBS News. The reports come against the backdrop of growing public and legal turmoil surrounding Huang's ties to a woman suspected of spying for China. Additionally, i24NEWS reported on further personal relationships between the CEO and senior company executives. In response to the reports of a management crisis, the company's stock saw a sharp decline. Further details have not yet been released.