
Huang Renxun rushed back to the California headquarters to host a meeting. The internal atmosphere was depressing. There was only one week left before the financial report was released.
AI-generated summary
Huida's board of directors has hired a law firm to investigate. Huang Jen-Hsun admitted the extramarital affair to employees via email on Sunday, but did not disclose the identity of the target.
NVIDIA CEO Jen-Hsun Huang's extramarital affair scandal continues to spread. Although the company's board of directors has hired a law firm to investigate, Huang Jen-Hsun still tried to maintain normal operations and rushed back to the California headquarters to host high-level meetings to create a "business as usual" atmosphere. However, people familiar with the matter revealed that he first talked about the extramarital affair and apologized to employees in an internal meeting, and then quickly turned the topic back to business. However, the sudden revelations have shocked many employees and even found it difficult to accept.
People familiar with the matter told CNBC that Huang, 63, went to Huida's headquarters in Santa Clara, California, on Monday (9th) to hold a regular morning meeting with senior executives. At the beginning of the meeting, he took the initiative to talk about his extramarital affair and apologized to employees, but did not answer any questions. He then turned the focus of discussion to the company's business and the important agenda of the day.
On Tuesday (10th), Huang Renxun was still presiding over a meeting in the office, with only one week left before Huida released its latest quarterly financial report. Although the turmoil in his personal life continues to expand, he still tries to keep the company operating at its original pace.
Jen-Hsun Huang admitted to his employees via email on Sunday (8th) that he had an extramarital affair, but did not disclose the identity of the partner. "I know that an apology cannot make up for the mistakes I made," the letter read. He also hopes that the family can get over the pain and hopes that over time, he can regain the trust of his employees.
However, this statement did not restore calm within the company. Huida employees described to CNBC that the company's recent atmosphere is "depressing," with some admitting they were shocked by Huang's revelations. Some senior employees used to regard him as their idol, believing that he was almost infallible and a guiding light leading them forward. But now they find it difficult to accept the CEO's personal life turmoil.
AI outlook — possibilities, not facts
Law firm investigation will progress before or during earnings release
Likely · Within weeks

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