Nvidia Board Weighs Jensen Huang’s Future as CEO
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Nvidia is a major technology company from the United States. On 11 November, Nvidia’s board of directors met to discuss whether to keep Jensen Huang as chief executive officer. The board started a review after media reported that Huang had two personal relationships. One involved Alice Huang, a former executive connected to Megaspeed, a company from Singapore. The other concerned Kimberly Powell, Nvidia’s vice-president of healthcare, who was reported to have worked directly for Huang.
The board started the review because there were worries about company rules and possible links to foreign intelligence. US officials reportedly suspected Alice Huang of possible connections to Chinese intelligence services, but there is no public proof she acted as an agent. Jensen Huang said he did not know about any connection. Nvidia said it did not believe the company or its secrets were put at risk.
After the news, investors became worried about Nvidia’s future. The company’s shares fell when reports said directors were thinking about changing the leadership. No final decision has been made, and the board’s review is still continuing.
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Vocabulary
6 wordsa person with a high management role
people who put money into a business
the group of people managing an organization
links or relationships between people or groups
an executive ranking below the main leader
private information kept hidden from other people
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