BUZZ - Reports indicate that Nvidia's board is preparing to remove CEO Jensen Huang, causing the company's stock price to plummet.

November 11 - ** NVIDIA (NVDA.O) shares fell about 9% to $158.64 in after-hours trading

** According to The Wall Street Journal, after reports regarding Jensen Huang’s two extramarital affairs came to light, NVIDIA’s board is preparing to hold a meeting as early as Thursday to decide whether to remove CEO Jensen Huang (link)

** The New York Times cited five company insiders as saying that Huang allegedly had an affair with the company's Vice President of Healthcare, Kimberly Powell, who reports directly to him (link)

** After Huang admitted to being unfaithful to his wife in a letter to employees, the company's board is investigating whether he had ever been a target of foreign intelligence activities (link)

** As of the close of the previous trading day, shares have fallen about 7% year-to-date

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