Nvidia's stock falls 3 points following revelations of another alleged extramarital affair involving Jensen Huang, whose position is hanging by a thread
Nvidia's board of directors plans to meet as soon as possible to evaluate Huang's future as head of the tech company.
The company is going through a tough time in the wake of the Huang scandal.
Nvidia's stock fell about 3% during after-hours trading on Wednesday, after a new report implicated the company's CEO, Jensen Huang, in an alleged extramarital affair with Kimberly Powell, the company's vice president of healthcare and a senior executive who reports directly to him.
The stock market decline adds to the pressure facing the semiconductor giant ever since details emerged about another romantic relationship involving Huang, this time with Alice Huang, a Chinese businesswoman identified by U.S. intelligence agencies as a suspected spy working for the Chinese regime. Nvidia's board of directors launched an independent investigation into the matter, while the executive himself issued an apology to the company's employees in which he acknowledged having been "unfaithful to my wife."
The new information came to light just minutes after The New York Times published a report on the alleged link between Huang and Powell. According to The Wall Street Journal, the company's board of directors plans to meet as soon as possible to evaluate the CEO's future at the helm of the tech company, with several media outlets reporting that he could be fired.
Powell, who is one of the company's top executives, currently serves as Nvidia's vice president of healthcare. According to her professional profile published on the company's website, Powell is in charge of global operations in that sector, which include hardware and software platforms based on accelerated computing, artificial intelligence and visualization, used in areas such as medical imaging, life sciences, drug development and healthcare analytics.
The report also notes that Huang and Powell were caught on camera showing signs of affection at a hotel in San Jose, California, last March.
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