#NVIDIA Latest developments in the Jensen Huang controversy
According to ChainCatcher, NVIDIA CEO Jensen Huang sent an internal email to all employees, publicly apologizing over his affair. He admitted to betraying his wife, took full responsibility for the harm caused, and said he would remain fully committed to running NVIDIA and work hard to regain the trust of employees and shareholders.
After the news broke, NVIDIA’s board announced that it would form a special committee and hire outside lawyers to conduct an independent investigation. The board also issued a public statement expressing confidence in Huang and his management team.
In the wake of the news, NVIDIA shares fell more than 3% in after-hours trading. A company spokesperson said the investigation would not hinder NVIDIA’s business, Huang would remain CEO, and the company’s day-to-day operations would be unaffected.
PS:
Men really do go bad once they get rich. What’s surprising is that Musk and Trump have publicly thrown their support behind Huang?