Huang's potential ouster would leave a leadership vacuumat the roughly $4 trillion chipmaker he cofoundedMarkus Schreiber/AP Photo/picture alliance

Nvidia's board was meeting Wednesday to decide whether to remove co-founder and CEO Jensen Huang, media outlets, led by The Wall Street Journal, reported.

Huang has led the company for more than three decades, turning it from a gaming chipmaker into the dominant supplier of chips for artificial intelligence.

Why is Nvidia's board considering replacing Huang?