Another Nvidia employee affair reported after Jensen Huang's exit

Former Nvidia CEO Jensen Huang had an intimate relationship with another employee of the US chipmaker, Reuters reported, citing two people familiar with the matter, as questions continued over his departure amid allegations concerning his personal conduct.

What is known about Jensen Huang's second employee relationship?

Reuters said the previously unreported relationship involved a woman employed by Nvidia whose identity it withheld. The account cited two people familiar with the matter but did not establish when the relationship occurred. The news agency said its attempts to reach the employee were unsuccessful.

Nvidia declined to comment, while Huang and a representative of the company's board did not respond to Reuters' requests for comment.

What other allegations surround Jensen Huang?

The latest report follows earlier accounts of two other relationships involving Huang, including one with Kimberly Powell, Nvidia's vice president of healthcare, and another with Chinese businesswoman Alice Huang.

The New York Times previously reported that Powell, who reported directly to Huang, had an extramarital relationship with him.

Powell did not respond to Reuters' request for comment, while Alice Huang could not be reached.

Separately, US intelligence officials have suspected Alice Huang of acting on behalf of Chinese intelligence. China has rejected the espionage allegations, which remain unproven.

On November 8, Huang acknowledged being unfaithful to his wife but did not identify the person involved.

Nvidia's board launched an independent investigation into reports that Huang may have been targeted by a foreign intelligence operation.

The company said it had no reason to believe national security information or its trade secrets had been compromised.

When did Jensen Huang resign from Nvidia?

Nvidia's regulatory filing states that its board accepted Huang's resignation as president, CEO and director on November 11, with immediate effect.

The company publicly announced the leadership change on November 12, naming Chief Financial Officer Colette Kress as interim CEO.

Kress will continue serving as CFO while Nvidia searches for a permanent replacement. The board said it would consider both internal and external candidates.

Nvidia also appointed longtime director Harvey C. Jones as its first board chairman.

How has the leadership crisis affected Nvidia?

Nvidia shares closed 4.3% lower on Thursday, November 12, as investors assessed the implications of Huang's departure from the company he co-founded more than three decades ago.

According to Reuters, the stock had lost more than 30% of its value since its early-October peak.

The uncertainty has also raised questions about Nvidia's investments in artificial intelligence infrastructure, including financing arrangements involving cloud-computing providers and AI developers.

Huang played a central role in expanding those relationships as Nvidia became a leading supplier of chips used in artificial intelligence.

The leadership transition comes ahead of the company's quarterly financial results, scheduled for November 17.