Nvidia CEO Jensen Huang Resigns Amid Reports of Extramarital Affairs

Business & Economy
The brief

Ousted Nvidia CEO Jensen Huang had an intimate relationship with a second employee, according to two people familiar with the matter, Reuters has learned. The revelation follows two other extramarital affairs that led to his resignation on Thursday. The two women named in the reports are Alice Huang, whom US intelligence suspects of being a Chinese spy, and Kimberly Powell, Nvidia's vice president of health care. Reuters is not naming the second employee, and attempts to reach her were not successful.

Nvidia declined to comment. Powell, Jensen Huang and a representative for Nvidia's board did not reply to requests for comment, and Alice Huang could not be reached. Huang had earlier admitted to an affair in a November 8 statement following reports of his relationship with Alice Huang, without referring to her by name. Forbes noted that he has only formally acknowledged one of the three affairs now alleged.S1S2

The departure of Huang, who is 63 and married, could disrupt the AI industry he helped shape. Nvidia used its financial strength to help build an industry around AI through complex financial arrangements that ease the purchase of its chips, backing cloud computing companies and AI labs to do so. Nvidia's board appointed finance chief Colette Kress as interim CEO while it searches for a permanent replacement, considering both internal and external candidates.S1

Earlier this month, the board had launched a probe, led by independent directors with outside legal counsel, into whether Huang had been targeted by a foreign intelligence operation, and it had expressed confidence in him at the time. Shares fell 5.5% on Thursday in active trading and have shed more than 30% of their value since an early October peak.S1

Timeline · newest first
43m Jpost

Former CEO Jensen Huang conducted extramarital affair with second Nvidia employee, sources say

The revelation follows two other extramarital affairs that led to his resignation Thursday. Reuters is not naming the second employee., and attempts to reach the woman were not suc…

43m TechCrunch

Jensen Huang was having a third affair, Reuters reports

Reuters is withholding the name of the new employee linked to Huang, but says she is an employee of Nvidia.

58m Feedburner:ndtvnews Latest

Nvidia Ex-CEO Jensen Huang Had Affair With One More Employee: Report

Ousted Nvidia CEO Jensen Huang had an intimate relationship with a second employee, according to two people familiar with the matter, Reuters has learned.

58m Daringfireball

Reuters Raises the Jensen Huang Affair Tally to Three

Reuters: Ousted Nvidia CEO Jensen Huang had an intimate relationship with a second employee, according to two people familiar ​with the matter, Reuters has ​learned. The revelation…

1h Forbes

Jensen Huang Had A Third Affair—With Another Nvidia Employee, Report Says

Huang has only formally acknowledged one of the three affairs he’s now been alleged to have had.

1h Theglobeandmail

Ousted Nvidia CEO Huang had affair with second employee, sources say

Revelation follows two other extramarital affairs that led to Huang’s resignation Thursday

Breaking

Nvidia CEO Jensen Huang Resigns Amid Reports of Extramarital Affairs

6 outlets 6 reports
The brief

Ousted Nvidia CEO Jensen Huang had an intimate relationship with a second employee, according to two people familiar with the matter, Reuters has learned. The revelation follows two other extramarital affairs that led to his resignation on Thursday. The two women named in the reports are Alice Huang, whom US intelligence suspects of being a Chinese spy, and Kimberly Powell, Nvidia's vice president of health care. Reuters is not naming the second employee, and attempts to reach her were not successful.

Nvidia declined to comment. Powell, Jensen Huang and a representative for Nvidia's board did not reply to requests for comment, and Alice Huang could not be reached. Huang had earlier admitted to an affair in a November 8 statement following reports of his relationship with Alice Huang, without referring to her by name. Forbes noted that he has only formally acknowledged one of the three affairs now alleged.S1S2

The departure of Huang, who is 63 and married, could disrupt the AI industry he helped shape. Nvidia used its financial strength to help build an industry around AI through complex financial arrangements that ease the purchase of its chips, backing cloud computing companies and AI labs to do so. Nvidia's board appointed finance chief Colette Kress as interim CEO while it searches for a permanent replacement, considering both internal and external candidates.S1

Earlier this month, the board had launched a probe, led by independent directors with outside legal counsel, into whether Huang had been targeted by a foreign intelligence operation, and it had expressed confidence in him at the time. Shares fell 5.5% on Thursday in active trading and have shed more than 30% of their value since an early October peak.S1

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Sources · 2 citations

S1 Jpost 1 report · EN
S2 Forbes 1 report · EN
TheglobeandmailLead 1 report · EN
Daringfireball 1 report · EN
TechCrunch 1 report · EN