Jensen Huang Resigns Amid Employee Relationship Allegations

Thansettakij•Economy•59m ago

Reader Briefing

Nvidia former CEO Jensen Huang resigned following reports of multiple extramarital relationships with employees.

•Jensen Huang resigned as CEO of Nvidia after reports of extramarital relationships with three female employees.
•Colette Kress, the CFO, has been appointed as the acting CEO by the Nvidia board.
•The Nvidia board is investigating whether Jensen Huang was the target of foreign intelligence operations.
•Nvidia shares fell 5.5% on Thursday and have dropped over 30% from their early October peak.

•Jensen Huang resigned as CEO of Nvidia on Thursday.
•Reports emerged of Jensen Huang having an extramarital relationship with a female employee, following two previous cases of extramarital relationships.
•Two of the women are identified as Alice Huang, suspected by US intelligence to be a Chinese spy, and Kimberly Powell, Nvidia's Vice President of Healthcare Business.
•On November 8, Jensen Huang admitted to having extramarital relationships via a statement following reports about Alice Huang.
•The Nvidia board appointed Colette Kress, the CFO, as acting CEO while searching for a new executive from internal and external candidates.
•The Nvidia board, through independent directors and external legal advisors, is investigating if Jensen Huang was targeted by foreign intelligence operations.
•Nvidia shares decreased by 5.5% on Thursday and have declined more than 30% from the peak in early October.
•The resignation of Jensen Huang may impact the AI industry, which Jensen Huang helped drive toward growth.

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Jensen Huang(เจนเซน หวง)ℹ️

The 63-year-old former CEO of Nvidia who resigned following reports of extramarital relationships.

Colette Kress(โคเล็ตต์ เครสส์)ℹ️

The CFO of Nvidia appointed as acting CEO by the board.

Alice Huang(อลิซ หวง)ℹ️

A woman who had a relationship with Jensen Huang and is suspected by US intelligence to be a Chinese spy.

Kimberly Powell(คิมเบอร์ลี พาวเวลล์)ℹ️

Nvidia's Vice President of Healthcare Business who had a relationship with Jensen Huang.

Nvidia(อินวิเดีย)ℹ️

An AI-focused company whose shares dropped following the resignation of its CEO.

Reuters(รอยเตอร์)ℹ️

The news agency that reported on Jensen Huang's relationships and the resulting fallout.