- Nvidia is reportedly looking to fire its founder and CEO following the recent scandals.
- After the Chinese affair, another scandal has emerged with an exec at the company.
- The reputation has taken a hit, with a loss of over a trillion dollars in just a few days.
The last few days must have been really stressful for Nvidia after the CEO admitted to having an affair with a Chinese woman, suspected of being a spy. This also led to the company’s stock falling, causing a loss of over a trillion dollars.
However, things haven’t even stopped there; a second affair has also emerged, and the Nvidia board is now considering firing the CEO. They fear that this will take an even bigger hit to the reputation, causing more losses.
Why it matters: Losing over a trillion Dollars in just a few days means a huge chunk of the stock has fallen, and in an attempt to win back shareholders, the board wants to kick out the person who started the company.
A new report from The Wall Street Journal suggests that the Nvidia board is looking to oust CEO Jensen Huang after a second affair emerged in just a few days. This was reportedly with one of the execs who directly reported to him.
The board is expected to meet next Wednesday to decide the future. If he is fired, it would be 33 years since he started the company in 1993, and ironically he’d be the one who led it to its highs and took it to its lows.
However, while the board seems convinced that Huang has to go, the employees don’t really seem to want the same. In fact, reports suggest that most people working at the company want him to continue despite the scandals.
What are your thoughts on the Nvidia board considering firing the CEO amid recent controversies? Let us know your opinions in the comments or join the discussion at the official Tech4Gamers Forum.
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News Reporter
Abdullah is an avid gamer who primarily plays single-player titles. If you can’t find him anywhere, he’ll probably be at his desk playing The Witcher 3 for the millionth time. When he isn’t playing games, he’s either reading or writing about them.
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