Nvidia board reportedly meeting to decide CEO Jensen Huang’s future as chip giant’s share price plunges – follow live

Huang’s potential departure would leave a leadership vacuum at the roughly $4tn chipmaker he co-founded, with Nvidia’s shares sliding about 8% in ​after-hours trading

As recently as Tuesday, Nvidia was saying that Jensen Huang would continue to lead the business he co-founded “without interruption”. That statement was made as the company announced it had appointed a leading US law firm to conduct a “thorough and independent” investigation into the relationship between its chief executive, Huang, and an alleged Chinese spy.

The $4.1tn chipmaker’s board has hired New York-based Wachtell, Lipton, Rosen & Katz for the investigation, which will be led by the Wachtell partner Joon Kim.

Losing Jensen would be a real blow.”