Nvidia can dismiss CEO Jensen Huang with a majority vote of its board, requiring six of eleven directors. Shareholders could also seek to remove him without cause, although they would need a supermajority, while his resignation would remain the quickest route out. Huang admitted in writing that he had been unfaithful to his wife after the New York Times reported that US authorities had identified the woman as a Chinese intelligence recruit. The case, which involves alleged assistance in smuggling chips and potentially transferring intellectual property to China, is under investigation by the board, which says it has no reason to believe national security or Nvidia secrets were compromised. President Donald Trump said Huang should remain in his position, while Nvidia shares were down 6% during the Nasdaq session described in the article; Huang owns about 3.58% of the company, worth roughly $150 billion.
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