Hours after resigning from Nvidia, Jensen Huang faces a fresh Reuters report of a relationship with a second employee, deepening a scandal that has rattled the AI industry.
San Francisco: Reuters reported Thursday that ousted Nvidia chief executive Jensen Huang had an intimate relationship with a second company employee, citing 2 people familiar with the matter. Reuters did not name the woman.
The report adds to a scandal that has already cost Huang the company he led for 33 years. Nvidia’s board announced that Jensen Huang has resigned as President, Chief Executive Officer, and a member of the Board, effective immediately.
sec
3 women, 1 week of turmoil
According to Reuters, the new report follows 2 other extramarital relationships that led to his exit. One woman is Alice Huang, whom US intelligence reportedly suspects of spying for China. China has rejected the claims, according to The New York Times. The other is Kimberly Powell, Nvidia’s vice president of health care.
cfodive
Huang, who is 63 and married, admitted to an affair on November 8 but did not name the woman. In a memo to employees, he said he had been unfaithful to his wife. The confession quickly topped Weibo’s trending searches in China.
Nvidia declined to comment. Huang, Powell and the board did not respond to Reuters, and neither woman could be reached.
Who runs Nvidia now
Colette Kress, Nvidia’s Chief Financial Officer, has agreed to serve as Interim CEO, and Harvey C. Jones was appointed the board’s first-ever Chair. The board is weighing internal and external candidates for the permanent role.
Earlier this month, independent directors launched a probe into whether Huang was the target of a foreign intelligence operation. Donald Trump publicly backed Huang, calling him a “person of integrity.”
techflowpost
Market shock
Nvidia shares fell 5.5% on Thursday and have lost more than 30% of their value since their early October peak. Analysts warn that the exit could disrupt an AI industry that Nvidia helped finance by backing cloud companies and AI labs.
Why Asia is watching
Huang was born in Taiwan, and when he was 5, his family moved to Thailand for about 4 years. Across Asia, from Taipei to Singapore, he became a symbol of tech success. Southeast Asia’s tech sector relies on Nvidia chips for its AI ambitions, so the leadership vacuum adds fresh uncertainty there.
This story is based on reporting by Reuters.
