
Updated
Nvidia shares fell 6% as investors awaited a board decision on CEO Jensen Huang, and CNBC later reported that Huang has resigned. CNBC Top News reported that the board met Wednesday evening to discuss whether to oust Huang, following reports that he had engaged in an affair with an employee. The excerpt did not include a company statement responding to those reports, and analysts quoted by CNBC described it as a dark day for the company. CNBC has since reported that Huang has resigned. A separate CNBC report said his roughly $140 billion Nvidia stake is largely held through trusts co-owned with his wife, Lori, which adds uncertainty to his financial position. The timing of the resignation and any successor were not given in the available reports.