Nvidia board weighs ousting Jensen Huang as stock slides 7%

Nvidia’s board met to decide whether to remove Chief Executive Jensen Huang, a sharp reversal after directors expressed confidence in him days earlier. The company, the dominant supplier of AI chips, is under pressure from reports about Huang’s personal conduct and scrutiny tied to alleged chip shipments to Chinese firms. Nvidia did not immediately respond to a request for comment. The board can remove Huang by majority vote under company bylaws. The prospect of his exit hit investor confidence, with Nvidia shares falling about 7% in early trading after the Wall Street Journal reported the company was preparing to fire him.