Huang has now faced serious repercussions, as a second extramarital affair has emerged, triggering a post-market plunge in NVIDIA's stock of over 9%. Investors are reacting with alarm.
A report by The New York Times revealed that Jensen Huang had an extramarital relationship with Kimberly Powell, vice president of NVIDIA’s healthcare division and a direct subordinate reporting to him. Both individuals are married. The pair were photographed in intimate proximity at a hotel in San Jose, California, during NVIDIA’s developer conference in March, sparking internal discussions within the company.
The Wall Street Journal notes that this second relationship directly violates NVIDIA’s code of conduct, which explicitly prohibits romantic relationships between managers and subordinates and mandates avoidance of conflicts of interest. This breach is now cited as a key rationale for the board’s decision to consider removal, not merely due to the earlier allegations involving foreign affairs.
On November 8, Huang sent a company-wide email acknowledging his infidelity and issuing a public apology. On the same day, the board initiated an independent investigation led by independent directors and external legal counsel. At the time, the board stated there was no evidence indicating compromise of national security or corporate secrets. However, following the exposure of the second relationship, the board’s stance shifted rapidly—from investigation to preparations for immediate removal. These developments are based on information from informed sources.
Original source: toutiao.com/article/1881610855982083/
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