Nvidia board meets to decide CEO Huang's future, source says
NVDA•Nvidia's board is meeting Wednesday to decide whether to oust CEO Jensen Huang, a source familiar with the matter said. Investors quoted in the article described uncertainty about leadership and Nvidia's plans, while others said its product suite and AI demand could remain strong.
1. Board meeting
Nvidia's board is meeting Wednesday to decide whether to oust CEO Jensen Huang, a source familiar with the matter told Reuters. Nvidia did not immediately respond to a request for comment. The Wall Street Journal reported that the board was preparing to oust Huang, citing people familiar with the matter.
2. Investor concerns
Investors and analysts quoted in the article pointed to uncertainty around leadership, succession and Nvidia's business plans, including its China business. Some said the company's technology, product suite and chip demand would remain in place, while others raised concerns about Huang's strategic role and the possibility of market-share gains for AMD and Broadcom.
