'Chip company Nvidia quickly decides on layoffs or retention of CEO Huang'

Nvidia's board is set to decide soon on the fate of CEO Jensen Huang amid allegations of an affair linked to espionage for China. Huang is accused of having a relationship with a woman suspected of attempting to steal chip secrets. Nvidia has initiated an independent investigation but claims no evidence of leaked trade secrets has been found. The company, a key player in AI technology, has seen its stock price drop significantly following the scandal's revelation.