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BackFormer Nvidia CEO Huang had third alleged affair: Reuters
Former Nvidia CEO Huang had third alleged affair: Reuters
BREAKING
Cointelegraph16 minutes agoBusiness2 min read

Former Nvidia CEO Huang had third alleged affair: Reuters

Nvidia shares fell more than 13% after Huang stepped down as CEO and board member; US Attorney General says FBI is investigating Alice Huang

jensen huangnvidiaalice huang

Quick Look

  • Former Nvidia CEO Jensen Huang resigned as CEO and board member on Thursday after Reuters reported a third alleged extramarital affair with a second company employee.
  • Nvidia shares fell more than 13% to $151.00.
  • US Attorney General Todd Blanche said the FBI is investigating reports that Alice Huang worked for the Chinese government, while Beijing denied the allegations.

AI-generated summary

Why It Matters

Jensen Huang resigned as Nvidia CEO and board member on Thursday following Reuters reporting on a third alleged extramarital affair. Two previously reported relationships involved Alice Huang, whom US intelligence officials suspect of working for Chinese intelligence, and Kimberly Powell, Nvidia's vice president of health care.

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Former Nvidia CEO Jensen Huang had an intimate relationship with a second company employee, Reuters reported, bringing the number of alleged extramarital affairs to three.

The report, citing two people familiar with the matter, followed Huang's resignation as Nvidia CEO and a board member on Thursday. Reuters did not identify the other employee in its report and said attempts to reach her were unsuccessful.

The two previously reported relationships involved Alice Huang, whom US intelligence officials suspect of working for Chinese intelligence, and Kimberly Powell, Nvidia's vice president of health care.

Cointelegraph reached out to Nvidia for comment.

US Attorney General Todd Blanche said Thursday during a press conference that the Justice Department had not determined whether Alice Huang was a Chinese spy. He confirmed that the FBI was investigating reports that she worked for the Chinese government. Beijing has denied the allegations.

Nvidia shares fell more than 13% shortly after the US market opened on Thursday, trading at $151.00 as of 2:31 p.m. UTC, according to Yahoo Finance.

Venture capitalist Haseeb Qureshi argued that the mounting disclosures undermined Huang's credibility, pushing back against tech industry figures defending the Nvidia co-founder.

"As others have said: 'when you find two ants in your kitchen, the best estimate for the ants in your kitchen is not two,'" Qureshi wrote on X.

What to Watch

AI outlook — possibilities, not facts

  • Nvidia will appoint a new CEO following Huang's resignation

    Very likely · Within weeks

  • The FBI investigation into Alice Huang will continue and may produce findings

    Likely · Within months

Open Questions

  • What specific evidence supports the intelligence suspicions about Alice Huang?
  • What is the status of the FBI investigation?
  • Will Nvidia's board appoint an interim or permanent successor?
  • What was the nature of the relationship with the unnamed second employee?

Related Topics

jensen huang
PeopleJensen HuangAlice HuangKimberly PowellTodd Blanche
OrganizationsNvidiaUS Department of JusticeFBIReuters
Topicsnvidiaalice huangkimberly powelltodd blanchereuterscointelegraph
This article was originally published by Cointelegraph.

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