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After Huang Renxun resigned from Huida’s chief post due to an extramarital affair scandal, there were scenes of flowers and tears outside the headquarters, while internal employees were shocked and saddened by the collapse of the company’s prospects, stock price and their ideal image.
NVIDIAHuida (also known as NVIDIA) announced the founder on the 12thJen-Hsun Huang It was a turbulent week for the company with resignations from the posts of CEO, Chairman and Director. Reuters and South Korean media reported that despite Huang’s disgraceful resignation, he led Huida to become the world’s most valuable company for 33 years. Some people still placed bouquets and candles outside HUIDA’s headquarters in Santa Clara, California, to express their feelings for him. The atmosphere inside the company is sad.
Reuters reported that after Huang Renxun resigned, flowers were laid outside Huida’s headquarters and two women were seen standing outside the entrance of the building and crying. South Korea’s Chosun Ilbo reported that the 11th coincided with Veterans Day in the United States, and the parking lot at HUIDA’s headquarters was empty that afternoon. Perhaps affected by the uneasy atmosphere caused by Huang Renxun’s extramarital affair scandal, it seemed even more desolate.
When interviewed in front of the headquarters building, a Hyuda employee revealed: “Throughout the holiday, people kept posting on the company’s internal messaging software, worrying about the stock price and the company’s future.” He also said, “There were also people who left self-deprecating messages and questioned, ‘Should the CEO’s personal life really occupy all the news?'” Another Huida employee said that Huang Renxun’s company’s internal messaging software account was deactivated on the morning of the 12th. One engineer said: “When I came to the company in the morning and saw Huang Renxun’s name on the communication software, it really hit home.” He also said, “Probably the access card has also been deactivated.”
In addition, it is said that products printed with Huang Renxun’s portrait have also been removed from Huida’s internal online and physical souvenir stores. After the sale closed, employees one after another asked through the internal communication software: “Is this no longer available for purchase?” An employee said: “I thought I would never be able to buy it again and that it would become a limited edition out-of-print product, so I bought a card with Huang Renxun’s picture printed on it.”
Huida employees described the atmosphere within the company as “tragic” to US financial media CNBC. One employee said he was shocked by the news of Huang’s admission of extramarital affairs. Another source revealed that senior staff have long considered Huang a role model who can make no mistakes and is a spiritual leader who provides direction. Even today many employees find it difficult to accept what he does.
Chosun Ilbo also reported that employees of other Silicon Valley technology companies also remained restless throughout the day. Many people hold Huida stock, and the business and stock prices of other technology companies have also been affected by the AI investment craze at the core of Huida, making it difficult to stay out of it. A Google engineer said that there are very few engineers in Silicon Valley who do not own Huida stock. Even if they don’t do so, their company’s share price will be affected by Huida, “so everyone suffers.” He also said, “This is not a terrorist attack or an AI bubble. This happened because of an extramarital affair. It is really shocking and feels like a void.”
Summary FAQ
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He stepped down and resigned from his positions as CEO, president and director due to the controversy surrounding the extramarital affair scandal, ending a tumultuous week for Huida, reports said.
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Outside the headquarters, some people placed bouquets and candles and a woman was also seen crying. There was a depressing atmosphere inside, with employees worried about the stock price, the future of the company, and the decline of the leadership core.
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Because many people hold Huida stock, and the AI investment boom is highly linked to Huida, Huida’s turmoil will affect the stock prices and businesses of other technology companies, so many people feel pain.
