Sources: Megaspeed founder Alice Huang has returned to her home country and is currently living in Beijing with the knowledge of security officials (Bloomberg)
The suspected Chinese spy at the heart of a scandal that threatens to take down Nvidia Corp. Chief Executive Officer Jensen Huang has returned …
Nvidia's board of directors is reportedly considering removing founder and CEO, Jensen Huang, following reports of a second extramarital affair involving an executive at the company. The latest accusations emerged just days after Huang admitted to an affair with a suspected Chinese spy, Alice Huang, who was formerly the CEO of Megaspeed.
The New York Times has cited five company insiders who claim Huang had an affair with Nvidia Healthcare Vice President, Kimberly Powell. Despite Powell's lack of background in health or science, she has been running the Healthcare business since 2017. Nvidia's Healthcare unit accounts for a smaller portion of the company's revenue compared to its main data center unit.
If Huang were to be dismissed, Nvidia, which is the second most valuable company in the world and holds around 90% of the global market for AI chips, would face an uncertain future. The company's stock fell more than 9% in late trading, and it is likely to continue its downward trend for an additional week.
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- Jensen Huang's relationship with alleged Chinese spy Alice Huang reportedly led to S$9.6 billion in chips shipped to China mothership.sg
- Nvidia’s board reportedly preparing to oust Jensen Huang after reports of a second affair siliconangle.com
- CEO Jensen Huang's job is suddenly on the line at Nvidia arstechnica.com
- Sources: Jensen Huang had an extramarital relationship with Nvidia's VP of healthcare, Kimberly Powell, who reports to him; it was discussed inside the company (New York Times) nytimes.com
- Nvidia shares plunge in after-hours trading as concerns about CEO Jensen Huang intensify scmp.com
- Source: Nvidia's board is working with an outside firm to identify possible replacements for Jensen Huang and weighs naming a temporary CEO during the search (Bloomberg) bloomberg.com
- Nvidia H200 chips reach Chinese universities through local suppliers and rented servers hindustantimes.com
- Nvidia board reportedly prepares to remove Jensen Huang techinasia.com
