Nvidia stock drops after NYT reports CEO Jensen Huang's second affair with an employee

cnbc.com —

Nvidia shares fell over 3% in after-hours trading Wednesday after The New York Times reported CEO Jensen Huang had an extramarital relationship with Kimberly Powell, Nvidia's vice president of healthcare. The report alleges Huang and Powell were seen being affectionate at a San Jose hotel in March. This follows Huang's recent admission to an affair with a woman U.S. intelligence believes is a Chinese spy, prompting an independent board investigation. Nvidia's stock is down 7% this week, heading for a sixth straight weekly decline amid concerns about AI infrastructure sustainability and post-election policy changes affecting data center construction.


With a significance score of 2.4, this news ranks in the top 19% of today's 32215 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers: