
AI chip giant Nvidia is reportedly preparing to oust its CEO, Jensen Huang, after new reports claimed that he had a second extramarital affair.
According to The Wall Street Journal and The New York Times, Mr Huang had a relationship with an executive who reports to him
It comes after the entrepreneur admitted to having an affair with a woman alleged to have been a Chinese spy.
In extended trading after Wednesday's close, Nvidia stock had fallen by more than 8%, taking its share price to $160 (£120). That's the lowest level in more than a year, and it continues a brutal three-day rout that has wiped about $600bn (£451bn) from the company's value.
A board meeting is expected to take place today to determine Mr Huang's future.
Earlier this week, Nvidia launched an investigation into claims its CEO was "the target of a foreign intelligence effort," and President Donald Trump has said the FBI is looking into the allegations.
Nvidia is one of the most significant companies in the United States, with a market capitalization of about $4 trillion.
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