Sources say Huang had affair with second Nvidia employee

Two people familiar with the matter say Jensen Huang, Nvidia’s former chief executive, had an intimate relationship with a second employee. The woman is not identified, and attempts to contact her were unsuccessful. The account follows reports of two other extramarital relationships, involving Alice Huang and Nvidia health-care vice president Kimberly Powell. Huang acknowledged an affair in a November 8 statement, though he did not name the person involved. Nvidia, Huang, Powell and a representative for the company’s board did not comment; Alice Huang could not be reached.

The report says pressure to resign intensified after coverage of Huang’s relationship with Alice Huang, whom U.S. intelligence suspects of being a Chinese spy. Nvidia’s board had earlier opened an inquiry, with independent directors and outside counsel, into whether Huang had been targeted by a foreign intelligence operation, while expressing confidence in him. Finance chief Colette Kress has been named interim CEO as the board considers internal and external replacements. Huang’s departure could affect an AI industry Nvidia helped build through financing arrangements that support purchases of its chips and investments in cloud providers and AI labs. Nvidia shares fell 5.5% on Thursday and were down more than 30% from an early-October peak.