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Sources reported that Nvidia’s board of directors is preparing to discuss removing CEO Jensen Huang and may meet today to decide his fate, amid reports of his relationship with Alice Huang, an executive suspected of having links to Chinese intelligence. Beijing has described the allegations as slander. The board opened an independent investigation on November 8, while Huang admitted in a message to employees that he had been unfaithful to his wife. Neither Huang nor the company immediately commented on the report of his possible removal. Nvidia shares fell about 8% in after-hours trading, and the company lost roughly $190 billion in market value on Monday.
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