Semafor: Some members of Nvidia's board favor appointing CFO Colette Kress as interim CEO

BlockBeats reports that on November 12, according to the American media outlet Semafor, some members of Nvidia's board tend to appoint Chief Financial Officer Colette Kress as interim Chief Executive Officer. Semafor states that the board has not yet made a decision, and company directors are scheduled to meet on the evening of November 11, Eastern Time.

Semafor also earlier confirmed that, after the media disclosed a second extramarital affair involving Jensen Huang, Nvidia's board is preparing to dismiss the CEO and founder, with a decision possibly being made as soon as that day. A senior U.S. government official stated that Nvidia's board has notified the White House regarding the planned meeting. According to Semafor, the company's share price fell by more than 8% in after-hours trading and hit a 52-week low.

According to Semafor, Jensen Huang has admitted to having an extramarital relationship with a woman. The board of this company, valued at about $4 trillion, has announced that law firm Wachtell Lipton will lead an investigation into Jensen Huang. Semafor also mentioned that, in addition to supplying advanced chips to cloud providers, Nvidia has also reached multibillion-dollar financing arrangements to fund artificial intelligence infrastructure construction.