What the CEO cheating scandal could mean for Nvidia and AI

208 billion transistors questions are swirling about Nvidia's CEO Jensen Huang's future as he faces a lawsuit in addition to investigations by the FBI and his own company he admitted to an affair with this businesswoman Alice Huang no relation suspected of spying for Beijing Huang leads one of the most valuable companies in the world this is a company that is really personified by the CEO and if he has to take a leave of absence or step back from the company, that's an incredible void. There's no clear successor for the hands-on co-founder, who currently has more than 60 people directly reporting to him. This is highly unusual. Normally a CEO has probably at most 10 to 12 direct reports. This expert says Huang should step down, at least temporarily. It is a very good best governance practice for a CEO accused of misconduct to take a temporary leave of absence during the review. Meanwhile, Nvidia's shares continue to tumble, down 5.5% Tuesday, as both the company and its CEO are being sued. The class action lawsuit filed in a California court accuses them of defrauding shareholders, failing to disclose that Huang had an affair with a suspected Chinese spy. Beijing calls these accusations groundless. U.S. lawmakers have summoned Huang to a closed-door meeting next week after learning the Trump administration had been briefed about it roughly a year ago. Trump did nothing about it. What a dereliction of duty. He's supposed to protect America, not China, not his friends. Trump said he had spoken to Huang, who told him he had no idea the woman was a spy. NVIDIA did not respond to questions sent by CBC News, but the company's board previously said it has confidence in its CEO and leadership team. Philippe de Montigny, CBC News, Toronto.