Nvidia reportedly preparing to oust CEO Jensen Huang

Nvidia’s board is preparing to oust co-founder and CEO Jensen Huang, The Wall Street Journal reported Wednesday, as the Santa Clara chipmaker confronts investigations and reports of two extramarital affairs. Directors could meet as soon as Wednesday to determine Huang’s future, the Journal reported, citing people familiar with the matter. RELATED: Lawsuit accuses Nvidia, CEO Jensen Huang of misleading investors over suspected Chinese spy A departure would end more than three decades of leadership by Huang, who has run Nvidia since its founding in 1993 and helped transform a maker of computer graphics chips into a central player in the artificial intelligence boom. Nvidia shares fell about 8% in after-hours trading Wednesday, Reuters reported. Earlier Wednesday, The New York Times reported that Huang had an extramarital relationship with Kimberly Powell, Nvidia’s vice president of health care, who reported to him. The Times cited five people who had worked at the company. Nvidia and Pow