Fifth person charged in Singapore over alleged fraud conspiracy linked to Nvidia chips
Shi Bingzhe was handed 41 charges for allegedly consenting to money laundering offences committed by two companies where he was a key officer.
Nvidia's CEO, Jensen Huang, faces potential removal from his position following allegations of a second extramarital affair, according to the Wall Street Journal. The New York Times reported that Huang allegedly had an affair with Kimberly Powell, Nvidia's vice president of healthcare, who oversees the company's medical applications.
This second affair adds to concerns surrounding Huang's alleged infidelity with a suspected Chinese spy, as previously reported by the Wall Street Journal. Nvidia shareholders filed a lawsuit in California over claims that they were misled about Huang's alleged affair with the suspected spy. As a result, Nvidia's board is reportedly considering whether to oust the CEO.
Shares of Nvidia have dropped following the recent reports of the alleged affairs. Notably, Elon Musk and Tim Sweeney, CEO of Epic Games, have expressed support for Huang's potential ouster.
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- Fifth person charged in Singapore over alleged fraud conspiracy linked to Nvidia chips channelnewsasia.com
- Nvidia board reportedly prepare to give CEO Jensen Huang the boot, as second alleged affair thrusts him closer to seriously lusty Crusader Kings playthrough territory rockpapershotgun.com
- Who is Colette Kress? Nvidia's finance chief steps in as interim CEO after Huang exit cnbc.com
