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Morning Token 01 💼 Business

Nvidia's board reportedly prepares to remove Jensen Huang

Follow-up to Tuesday Nov 10: Nvidia scandal: Huang admits affair, stock slides, lawyers circle

Update on Tuesday's token: Jensen Huang had admitted an affair with Alice Huang, a Megaspeed executive who US intelligence reports identified as a suspected Chinese spy. Now things are moving fast. The Wall Street Journal reports that Nvidia's board is preparing to dismiss him. It was the top AI story on Hacker News, with 1,021 points and 1,377 comments.

The trigger is a new New York Times report. It says Huang had a second relationship, this time with an executive who reports to him. TechCrunch says the board could decide as soon as Wednesday evening, and that Nvidia has no succession plan. The stock dropped on the news.

Washington is also involved. House Republicans asked Huang for a closed-door briefing on the alleged spy affair, with a deadline at the end of Wednesday. In our sources, no final board decision is public yet.

Why it matters

Nvidia makes the chips that run most of today's AI, and its CEO sits in the middle of the US-China chip race. This is not gossip: it is about governance and national security. One of the most important companies in AI had no plan B for its leader.

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