NYT learned about the affair of the head of Nvidia with a subordinate
The newspaper's sources said Huang was in a relationship with Nvidia vice president Kimberly Powell and their "tenderness to each other" was caught on video. The NYT said it had not seen the footage
The head of Nvidia Jensen Huang, who is under investigation because of ties with the head of Megaspeed Alice Huang - her American intelligence agencies believe recruited by the Ministry of State Security of China, was in an extramarital relationship with a subordinate. About it writes The New York Times (NYT), citing five sources among employees of the company.
According to them, we are talking about the Vice President of Nvidia Kimberly Powell. Two former employees of the company said that Huang and Powell were caught in a video of them showing "tenderness to each other" at a hotel in California during the company's conference. The NYT said it had not seen the recording.
NYT sources said Nvidia’s CEO’s security had spotted an eyewitness with a phone and “isolated him.” He was also asked to sign a non-disclosure agreement.
Both Huang and Powell are married to other people.
Against this background, Nvidia shares at the moment fell from $ 165.26 to $ 156.46, data from the TradingView platform follow. As of 02:00 GMT, the shares are trading at a price of about $159 (-8.2%).
Kimberly Powell has been with Nvidia since 2008. Her responsibilities include overseeing programs aimed at applying the company’s technologies in higher education and healthcare, in particular in medical equipment.
Huang was suspected of having "close ties" with the head of Megaspeed in early November. According to the Financial Times, the couple had not just close contacts, but a romantic relationship.
The head of Nvidia in an appeal to employees admitted to treason. He apologized to his wife and children, but did not name the woman he was in a relationship with. Huang has been married to Lori Huang since 1985 and the couple have two children.
The board of directors of Nvidia announced an independent investigation into a possible intelligence operation against the CEO. The audit will be conducted by independent directors with the involvement of external lawyers. The company stressed that there is no reason to consider state secrets or confidential information of Nvidia compromised. The Board of Directors expressed confidence in Huang, who will continue to lead the company.
US President Donald Trump also supported the head of Nvidia and spoke in favor of retaining his post. The Chinese Foreign Ministry, in turn, rejected the accusations of espionage, calling them baseless speculation and an attempt to denigrate the country.
On November 10, Reuters reported that investors had filed a class action lawsuit against Nvidia and Huang. The company and its CEO are accused of deceiving shareholders by hiding the businessman’s ties with the head of Megaspeed.
