
Jen-Hsun Huang admitted to cheating, and the board of directors is looking for possible successors
AI-generated summary
Huida CEO Huang Renxun has been exposed to have extramarital affairs with two women, one of whom was identified as a Chinese spy by US intelligence agencies. Jen-Hsun Huang has admitted cheating through an internal letter, but did not mention the identity of his affair partner. Huida's board of directors is meeting to decide whether he will stay or leave, and to identify successors. Shareholders have filed a class action lawsuit alleging that the company deceived investors by concealing the relationship.
The New York Times reported on Wednesday (November 11) that NVIDIA CEO Jensen Huang had an extramarital affair with a female senior executive who reported directly to him. This is his second suspected extramarital affair in a short period of time.
Previously, many international media revealed that he had an extramarital affair with a woman surnamed Huang who was identified by US intelligence agencies as a Chinese spy. On Sunday (8th), he admitted through an internal letter that he had cheated on her, but did not mention the identity of his affair partner.
Regarding the second rumored affair partner, Huang told the New York Times: "I don't think you should talk to me about it directly." Then ended the call.
Reuters reported that neither Huida nor the woman suspected of being involved in Huang's second extramarital affair immediately responded to requests for comment.
On the same day, the "Wall Street Journal" published an exclusive report that Huida's board of directors is holding a meeting on Wednesday to decide whether Huang Renxun will stay or not, and may eventually replace the CEO. A reporter from Bloomberg also stated on the social platform
After news broke that Huida may part ways with Huang Jen-Hsun, the company's stock price fell about 8% in after-hours trading on U.S. stocks.
The woman recently named by the international media as involved in espionage activities is Alice H., who once served as a senior executive at Megaspeed, a company headquartered in Singapore.
The Chinese government denies the espionage accusations.
On Monday, Huida shareholders filed a class action lawsuit against Huida and Huang Renxun, accusing them of concealing the relationship between Huang Renxun and suspected Chinese spies and deceiving investors.
AI outlook — possibilities, not facts
Huida's board of directors will decide in the short term whether Huang Renxun will continue to serve as CEO
Very likely · Within days
Huida may appoint an acting CEO
Likely · Within weeks
The class action lawsuit will enter subsequent legal proceedings
Likely · Within weeks

Huida's board of directors has launched an investigation into Chief Executive Huang Jen-Hsun's two extramarital affairs, including with a suspected Chinese spy and a vice president of the medical industry, and may hold a meeting to discuss his replacement. Experts pointed out that Huida has no public succession plan, and internal candidates include CFO Kress and Vice President Buck; if external leaders are sought, former Apple CEO Cook and former Google CEO Schmidt will be named.

The board of directors of Chuanhuida will hold a meeting as soon as today to decide whether Huang will stay or not. He has been accused of stepping on the red line due to his series of extramarital affairs and his affair with his subordinate Bauer. The prediction market shows that the chance of his removal before the end of the year is about 88%, and Ian, Kress and Cook are all potential successors.

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Huida CEO Huang Jen-Hsun was involved in extramarital affairs and espionage accusations. The board of directors investigated and discussed his dismissal. The weighted index of Taiwan stocks sharply dropped more than 1,000 points during the session. TSMC and MediaTek weakened. The PCB and heat dissipation groups were hit. Analysts believe that the short-term AI group is facing emotional fluctuations, but the fundamentals are still strong.