Just days after Nvidia CEO Jensen Huang publicly admitted that he had cheated on his wife with a woman who the US government suspects of being a Chinese spy, the New York Times revealed that he had a second affair with Nvidia’s vice president of healthcare Kimberly Powell — which is strictly forbidden under Nvidia’s code of conduct.
It didn’t take long for Nvidia to announce his resignation, parting ways earlier today with the executive who founded the company over 30 years ago.
And as investors continued to debate what matters more — his freewheeling love life or the possibility of having given up corporate secrets to the United States’ biggest adversary — Reuters now reports that Huang had an intimate relationship with a second employee.
That means we now know Huang carried out at least three extramarital affairs, mounting even more scrutiny on the second most valuable company in the world, which is almost single handedly propping up the AI industry with its extremely-in-demand chips.
Reuters refused to name the second employee and was unable to reach them for its reporting.
Beyond the baffling extent of Huang’s extramarital affairs, the growing scandal could have significant implications on a geopolitical scale. Trump reportedly knew about Huang’s relationship with Chinese businesswoman Alice Huang (no relation). A Department of Commerce investigation into her employer, a Singapore-based data center company, was abruptly shut down by the Department of Justice last year, leaving plenty of questions unanswered.
Huang’s infidelity and resignation sent Nvidia’s shares plummeting in early trading on Thursday. While the stock has stabilized somewhat, it’s still down over 15 percent over the last 12 months, indicating its disgraced CEO’s actions could be leaving permanent scars.
More on the scandal: If You Bought Nvidia Stock One Year Ago, You Would Now Have Lost a Substantial Amount of Money