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Nvidia Falls 3.6% After Hours on Report of Jensen Huang’s Second Extramarital Relationship

Nvidia shares fell 3.6% in after-hours trading on Nov. 12 after five former employees told The New York Times that CEO Jensen Huang had an undisclosed extramarital relationship with Kimberly Powell, a 48-year-old Nvidia vice president who reported directly to him. The report said the two were seen behaving affectionately in a San Jose hotel during an Nvidia conference in March. Nvidia’s code of conduct requires employees to avoid conflicts of interest including personal relationships.

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