Nvidia stock falls after NYT alleges second Jensen Huang affair
CNBC.COM
'second affair'
SUMMARY

Nvidia shares fell after The New York Times reported CEO Jensen Huang had an extramarital relationship with Kimberly Powell, a vice president who reports to him. The pair were reportedly photographed being affectionate at a San Jose hotel in March.

The report follows Huang’s admission of another affair linked to a woman U.S. intelligence suspects of spying for China. Nvidia’s board has hired Wachtell, Lipton, Rosen & Katz to investigate the spying allegations.

“I was unfaithful to my wife. My actions hurt her and our children. There is no excuse for what I did,” Huang wrote to staff.

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