An Nvidia spokesperson said on Nov 8 local time that founder and Chief Executive Officer Jensen Huang will remain in the CEO role without interruption and that the controversy will not disrupt the company's normal operations, CNBC reported. The statement addressed market concerns over whether Huang would stay.
How it began: open letter admits infidelity
Huang earlier issued an open letter to Nvidia employees publicly apologizing and admitting infidelity to his wife, IT之家 reported on Nov 9. In the letter, he said his actions hurt his wife and children and that there was no excuse for what he did.
Related coverage showed that Huang's eldest daughter, Huang Min-shan, canceled a trip to South Korea for "family reasons." Elon Musk also responded to the controversy, agreeing that Huang is indispensable to the U.S. AI industry.
Reactions: Trump backs Huang, market views split
Asked about the matter by a Fox News reporter, U.S. President Trump said Huang is a very good person and supported his continued service as Nvidia CEO.
In the markets, Asian chip stocks rebounded while Nvidia off-exchange contracts continued to fall. The two trends coexisted, TMTPost reported on Nov 9, indicating divided market judgments on the impact of the affair.
The coexistence of a rebound in Asian chip stocks and falling Nvidia off-exchange contracts shows divided market judgments on the impact of the affair.
What's next: CEO question weighs on AI chip supply chain confidence
As the world's leading AI chip company, Nvidia's CEO question directly affects its strategy and supply chain confidence. Although the spokesperson has made clear Huang's tenure will not be interrupted, the decline in off-exchange contracts shows some investors remain cautious.
Further impact on Nvidia's operations and market sentiment bears watching.