INSTANT VIEW-Nvidia is preparing to oust CEO Jensen Huang, WSJ reports

Nvidia's board is preparing ​to oust CEO Jensen ​Huang after he had ‌two extramarital affairs, ​including one with a suspected Chinese spy, the Wall Street Journal reported on Wednesday, citing people ‌familiar with the matter. The board is preparing to meet as soon as Wednesday to determine his future, the report added. Nvidia did not immediately ‌respond to a request for comment. Reuters could not immediately verify the ‌report.

Here are some reactions to the report. GIL LURIA, MANAGING DIRECTOR, D.A. DAVIDSON & CO.

"Mr. Huang being removed immediately could be challenging for Nvidia since it does not ⁠have ​a succession plan ⁠in place. Investors would expect the board to live up to their fiduciary responsibility. If ⁠Mr. Huang broke the law or violated company policies, the board is likely ​to act as soon as they have proof." BRUCE ZARO, MANAGING DIRECTOR, ⁠GRANITE WEALTH MANAGEMENT, PLYMOUTH, MASSACHUSETTS

"Jensen was the one who has led the marvelous rise ⁠of Nvidia... ​he spearheaded that, but they have 42,000 employees, and I guess the question would be, can someone step up if Jensen has ⁠to resign or is forced out? Can someone step up and ⁠be the ambassador ⁠that he has been with the data centers? I guess that's the question that will be answered in ‌time."