Scandal Clouds CEO Future as Nvidia Shares Plummet and Board Considers Jensen Huang’s Position
Board weighs Huang’s future
Nvidia shares dropped almost 9% in after-hours trading as reports said Huang’s future was uncertain. In a Sunday note to employees, he wrote that he had been “unfaithful to his wife,” without providing details.
NBC News reported that U.S. intelligence agencies had concluded Alice Huang, the first woman, was a Chinese intelligence operative. China’s Foreign Ministry spokesperson Mao Ning rejected the accusations, saying the United States should stop using what she called espionage narratives as a pretext for technological blockades.
Brooklyn collapse kills five
The building had four units and dated to 1930. It stood in Brooklyn’s Flatbush neighborhood, beside a construction site where a one-story building had previously been demolished. Officials had not established what caused the collapse.
Mississippi elects Democratic senator
Scott Colom defeated Republican Sen. Cindy Hyde-Smith in a major upset, giving Mississippi a Democratic senator for the first time in 44 years. During vote counting, the race was at times separated by fewer than 100 votes. Colom will be the state’s first Black U.S. senator since Reconstruction after the Civil War.
The account of the midterm results and exit polls said voters who elected Trump in 2024 over the cost of living considered him a failure. It also said Republican lawmakers were reluctant to blame the president or alter his policies, even as voters signaled they wanted a course correction.
Key points
- Nvidia’s board discussed Jensen Huang’s future as CEO amid reports about his relationships.
- Nvidia shares fell almost 9% in after-hours trading.
- At least five people died in the collapse of a Brooklyn apartment building.
- Scott Colom defeated Cindy Hyde-Smith to become Mississippi’s first Democratic senator in 44 years.