Serious security and legal problem
The affair with a Megaspeed director linked to alleged Chinese intelligence, plus possible sanctions evasion, is a grave lapse for the CEO of a strategically vital company. Many say he has lost credibility and should be removed.
Overblown smear or power play
Some see thin evidence behind the espionage claims, note that Nvidia sells to China under licence, and suspect rivals, politicians or the board timed the leaks to push him out.
Jensen is irreplaceable to Nvidia
Others argue that his long bet on CUDA and GPGPU made Nvidia and the deep learning boom possible, so firing him would hurt the company. They compare it to Apple losing Steve Jobs.