Key Points
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Reuters reported that former Nvidia CEO Jensen Huang allegedly had an intimate relationship with another company employee, bringing the number of reported extramarital relationships to three.
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The latest report follows Huang’s resignation as Nvidia CEO and board member, while US authorities continue investigating separate allegations involving a suspected Chinese intelligence connection.
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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.
Reuters Reports Third Alleged Relationship
Former Nvidia CEO Jensen Huang reportedly had an intimate relationship with another employee at the semiconductor company, according to a Reuters report citing two people familiar with the matter.
The report brings the number of publicly reported alleged extramarital relationships involving Huang to three. Reuters did not identify the employee and said attempts to contact her were unsuccessful.
The disclosure came hours after Huang resigned as Nvidia’s president, CEO and board member on Thursday. His departure marked a major leadership transition for the company, which has become a central player in the global artificial intelligence industry.
The latest allegations add another development to the controversy surrounding Huang’s departure. Nvidia has not publicly commented on the latest Reuters report, and Cointelegraph said it had contacted the company for a response.
Previous Reports Raised National Security Concerns
Two previously reported relationships involved Alice Huang, an executive at Singapore-based data company Megaspeed, and Kimberly Powell, Nvidia’s vice president of health care.
The allegations involving Alice Huang attracted particular attention because US intelligence officials reportedly suspected her of working for Chinese intelligence.
However, US Attorney General Todd Blanche clarified the government’s position during a Thursday press conference. He said the Justice Department had not determined whether Alice Huang was a Chinese spy, while confirming that the FBI was investigating reports that she had worked for the Chinese government.
Beijing has denied the allegations.
The distinction remains important as the investigation continues. Reports of a suspected intelligence connection have not established that Alice Huang worked for the Chinese government.
Nvidia Shares Extend Their Decline
The developments have coincided with increased volatility in Nvidia shares.
According to Yahoo Finance, the company’s stock fell more than 13% shortly after the US market opened on Thursday, trading at $151.00 as of 2:31 p.m. UTC.
The decline follows earlier market pressure surrounding reports of Huang’s personal relationships, national security concerns and the possibility of a leadership transition.
The latest disclosures add uncertainty around the company’s governance and executive succession at a time when Nvidia remains an important supplier of semiconductors for artificial intelligence infrastructure.
However, the available information does not establish how much of the share-price decline was directly attributable to the latest Reuters report.
Industry Reactions Add to Leadership Scrutiny
The growing number of reports has also generated discussion among technology industry figures and investors.
Venture capitalist Haseeb Qureshi challenged public defenses of Huang, arguing that additional disclosures could undermine the credibility of earlier accounts.
In a post on X, Qureshi used an analogy about discovering multiple ants in a kitchen to suggest that the known allegations might not represent the full picture.
His comments reflect the broader debate surrounding the reports, although they do not independently establish additional relationships or misconduct.
Nvidia Faces Continued Uncertainty
With Huang’s resignation effective immediately, Nvidia must manage its leadership transition while questions surrounding the allegations and national security investigation remain unresolved.
The company has appointed CFO Colette Kress as interim CEO while its board considers internal and external candidates for a permanent successor.
For investors, attention will remain on the board’s succession decisions, the progress of the FBI investigation and any further disclosures from the company.
The situation places corporate governance and leadership continuity under scrutiny as Nvidia navigates a significant transition in the highly competitive AI semiconductor industry.
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