I'm actually surprised at this. I figured everyone would justify keeping him because he made Nvidia (and investors) so much money. Money > anything else
The board probably determined it would impact the stock too negatively to keep him on.
After the news about a potential foreign compromise, disclosure of an affair with a subordinate is pretty damning. One can be discounted as poor judgement. Two is a pattern that's hard to dismiss. I wonder if we'll learn of other shenanigans or whether kicking him out stops future (possible) disclosures.
>> he made Nvidia (and investors) so much money.
Right now, he made them lose 700 Billion dollars. So the investors lawsuit also will be the biggest in history.
Affairs are commonplace. Most likely the internal findings from the investigation point to something more troubling/illegal