00:02NVIDIA's board is meeting to decide whether to oust its CEO Jensen Huang as the world's dominant supplier of AI
00:09chips grapples with fallout from reports of his two extramarital affairs.
00:14The board meeting reportedly went late into the night on Wednesday US time.
00:19This marks a sharp shift from last Sunday when the board, comprising 11 directors, expressed confidence in Huang and his
00:27leadership team.
00:27Under NVIDIA's bylaws, Huang can be removed with or without cause by a majority vote of directors.
00:35NVIDIA's stock slid around 7% in early Frankfurt trading on Thursday after the Wall Street Journal first reported that
00:43the company was preparing to fire Huang following revelations that he had an extramarial affair with a businesswoman called Alice
00:51Huang, alleged to be a Chinese spy.
00:54Days after the saga, the New York Times reported that Huang also had an alleged relationship with NVIDIA's Vice President
01:01of Healthcare, Kimberly Powell, citing five people who worked at the company.
01:06Huang had acknowledged being unfaithful to his wife Lori, with whom he has two children, saying that he is sorry
01:13and his actions hurt his wife and their children.
01:16NVIDIA's board is also investigating whether Huang was targeted by a foreign intelligence operation.
01:22Billie Jordan...
01:23Looking for appointments...
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01:31You
