Nvidia board weighs Jensen Huangs future and 5 dead in Brooklyn building collapse: Morning Rundown
Nvidia’s board meets over CEO’s future as the AI giant reels from the China spy scandal.At least two people are dead after a building collapse in Brooklyn.
And, how American Legion halls are adapting as the veteran population shrinks.Here’s what to know today.Nvidia’s board weighs CEO Jensen Huang’s fate, reports sayNYT reports Nvidia CEO had second extramarital relationship01:56Nvidia’s board was addressing CEO Jensen Huang’s future at the company last night, two sources familiar with the matter told NBC News, as the American chipmaking giant reeled from the scandal surrounding its leader’s affair with an alleged Chinese spy.This is Morning Rundown, a weekday newsletter to start your day.Sign up here to get it in your inbox.Nvidia shares dropped almost 9% in after-hours trading amid multiple reports that Huang’s future hung in the balance.
The company’s board met following a new report in The New York Times that he also had a relationship with an Nvidia executive who reported to him.Citing five people who worked at Nvidia, the newspaper reported that Huang had an affair with another woman, in addition to a woman who was suspected of being a Chinese spy.Huang wrote in a note to employees Sunday that he had been “unfaithful to his wife,” though he did not specify details.NBC News reported that U.S.
intelligence agencies had determined that the first woman, Alice Huang, was a Chinese intelligence operative.China has dismissed the allegations, calling them “purely unsubstantiated and directed at smearing China.”“The U.S.side should stop fabricating so-called espionage narratives as a pretext for implementing technological blockades,” Foreign Ministry spokesperson Mao Ning told reporters today.Here’s what else we know.Related coverage:For subscribers: Alice Huang began her career as a TV reporter for China’s state media.
She shifted into work in finance and later became a video game executive.Along the way, she picked up another ...