Nvidia’s board of directors met on Wednesday to decide whether to oust Jensen Huang as CEO of the world’s most valuable chip company, according to multiple reports, after a tumultuous week in which the executive and co-founder of the company admitted to having a romantic relationship with a woman who is alleged to be a Chinese spy.

The meeting marks ⁠a sharp shift from Sunday, when Nvidia’s board ​expressed confidence in Huang and his leadership team, and the company’s stock slid more than 8% in after-hours trading after the Wall Street Journal reported that ⁠the company was preparing to fire Huang.

If those losses hold, Nvidia will have lost about $600bn in market value since the board announced its investigation into his…