Nvidia stock drops on new allegations against CEO Jensen Huang

svd.se (Swedish) —

Nvidia's stock fell sharply in after-hours trading following new allegations against CEO Jensen Huang. The New York Times reported Wednesday that Huang allegedly had a relationship with Kimberly Powell, the company's vice president for healthcare, after they were filmed being "affectionate" at a hotel during a March conference. This follows earlier reports that Huang had an affair with a woman suspected of being a Chinese spy. Huang has declined to comment on the new allegations. The reports have raised concerns about leadership at the major AI chip company, though no further details about the alleged relationship or its potential impact on Nvidia's operations have been disclosed.


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