Nvidia has endured a tumultuous week, as AI boss Jensen Huang became embroiled in scandal. Here is how it unfolded:
8 November: Huang admits to an extramarital affair in an email apology to Nvidia employees.
“I owe my family and all of you an apology,” Huang tells his company. “I was unfaithful to my wife. My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry.”
His admission follows news reports that the US is investigating a suspected Chinese spy who had maintained a close relationship with the Nvidia boss. The woman, Alice Huang, had been previously photographed together with the Nvidia chief on several occasions.
Nvidia’s board of directors launched an independent external investigation. They had earlier said Huang’s interactions with the woman are “not unusual or unexpected”.
9 November: US President Donald Trump says the FBI is investigating the scandal, adding that Huang told him he had been unaware the woman he was with was a spy.
Beijing publicly rejects the spying allegations as a smear.
11 November: The story takes another turn after a report that Huang also had an extramarital relationship with an employee who reports directly to him.
Nvidia’s board reportedly prepares to meet to decide on Huang’s future at the firm.
The company’s shares have been falling all week, erasing more than $500bn (£376bn) off Nvidia’s market value.
Source: BBC
