← Back to front page
Oceania · General news · PerthNow

Nvidia preparing to oust embattled chief Huang: report

Published by PerthNow · Australia 13 min ago
Camera IconThe latest revelation has drawn scrutiny from ?Nvidia's board over chief Jensen Huang's conduct. (EPA PHOTO) Credit: AAP
Camera IconThe latest revelation has drawn scrutiny from ?Nvidia's board over chief Jensen Huang's conduct. (EPA PHOTO) Credit: AAP · PerthNow

Detailed summary

As Nvidia boss Jensen Huang's affair with a suspected Chinese spy continues to roil the business world, it has emerged he also had an affair with a subordinate.

Nvidia's board is preparing to oust CEO Jensen Huang after he had two extramarital affairs, including one with a suspected Chinese spy, the Wall Street Journal is reporting.

The board is preparing to meet as soon as Wednesday to determine his future, the report said.

Earlier in the day, the New York Times reported Huang had an extramarital affair with a company executive who reported to him.

The relationship was with Kimberly Powell, Nvidia's vice president of healthcare, the New York Times said, citing five people who worked at the company.

Nvidia did not immediately respond to a request for comment. Reuters could not immediately verify the reports.

The reports on Wednesday come days after Huang acknowledged being unfaithful to his wife, as Nvidia's board investigates whether he was targeted by a foreign intelligence operation.

The latest revelation escalates a controversy that has drawn scrutiny from mps, investors and Nvidia's board over Huang's conduct and his relationship with Alice Huang, a woman who US intelligence has said has facilitated shipments of Nvidia chips to Chinese firms.

Nvidia's shares were down about eight per cent in after-hours trading. The stock has lost more than $US300 billion ($A438 billion) in market value since news of the affair with Alice Huang broke.

Huang's potential exit would create a leadership vacuum at the $US4 trillion ($A5.8 trillion) company that has become a focal point in the US-China race for AI supremacy with its dominance in chips used to train models and power services such as OpenAI's ChatGPT.

Opening of the article, excerpted from PerthNow. To read the rest, open the article on the publisher's site.

Read the full article on PerthNow Sign in to save

MarketNews shows the headline and summary published by the outlet. The full article is on the publisher's website. (www.perthnow.com.au)

Also worth reading