Jensen Huang allegedly had a second extramarital affair at Nvidia
Jensen Huang, president of Nvidia, is alleged to have maintained a second extramarital affair with a subordinate executive, Kimberly Powell. The information was released by The New York Times. The board of directors may remove him from his position.
Nvidia CEO Jensen Huang reportedly had a second extramarital affair, this time with an executive who also worked in big tech. The news was reported by the New York Times and has gained international repercussions. Huang, 63, is already under investigation for allegedly having an out-of-wedlock relationship with a woman of Chinese nationality, who was identified by the Estados Unidos intelligence service as a spy.
Employee was directly subordinate to Huang
According to The New York Times, five people confirmed that the employee, identified as Kimberly Powell, 48, was subordinate to him within Nvidia. She served as vice president of the corporation’s health department. The hierarchical relationship between the two raises questions about ethical conduct within the company.
The sources heard by the newspaper also reported the existence of a video in which Jensen Huang and Kimberly Powell are caught together in a moment of mutual affection. The scene was described by one of the people heard by the report, who preferred not to reveal his identity. The source did not detail when or where the video was recorded.
Previous investigation involves alleged Chinese spy
Investigations into Huang’s alleged relationship with a Chinese spy were reported by the New York Times last week. According to the vehicle, Jensen had an extramarital relationship with Alice Huang, who coincidentally has the same surname. She is also a technology market executive and worked for the Singapore-based company Megaspeed International.
The Estados Unidos government accuses Nvidia of facilitating the shipment of chips and other technologies to China, but the company denies it. At the same time, the country believes that Alice Huang, who has Chinese citizenship, would be acting as a spy for the Asian government in search of information on the technological investments of the big tech and the US.
Trade relations extend the impact of the case
The repercussions on the case have gained great proportions because of the commercial relations between Nvidia and Megaspeed. The Singapore-based company has teamed up with a Malaysian affiliate to buy $4.8 billion in artificial intelligence equipment over the past two years. The expressive value of transactions highlights possible conflicts of interest.
There is no information on whether Kimberly Powell would have any connection to Megaspeed or to the trade negotiations. The source did not detail whether the new extramarital case is related to ongoing investigations.
Council may dismiss executive chairman
The future of Huang at Nvidia is still uncertain. A Wall Street Journal report says the company’s board of directors should remove the CEO from office. According to the US vehicle, a meeting would be held on Wednesday, 11, to deal with the issue.
Amid uncertainties in the investigations, Nvidia shares fell 4.27% on Nov. 9, representing a $190 billion reduction in the company’s market value. At the same time, shareholders sue Huang and the company for financial instability caused by the infidelity case.
Impact on the market and next steps
The fall in market value reflects investors’ concern about the governance of the company. Nvidia has not officially commented on the new charges. The outcome of the board meeting may set the course for the company and for Huang himself.
The case is still in development and new information may emerge at any time. The Boca no Trombone Portal will continue to follow the unfolding of this story.
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