Nvidia affair: the board of directors would consider ousting Jensen Huang, according to American media

Nvidia's board is preparing to oust its co-founder and CEO Jensen Huang, US media reported Wednesday, as the chip giant's leader faces a growing list of controversies, including an affair with a woman accused of spying for China.

Nvidia shares fell nearly 8% on Wednesday in post-session electronic trading. The board of directors of the American semiconductor giant was preparing to meet on Wednesday to decide on the future of Jensen Huang, according to the Wall Street Journal, which cites sources close to the matter. The New York Times reported Wednesday that Jensen Huang was also involved in a second extramarital affair with a female subordinate, saying there were videos documenting the 63-year-old executive's tender behavior toward Nvidia's vice president for healthcare, Kimberly Powell.

Kimberly Powell, 48, has a role in developing Nvidia's technology in the higher education and healthcare sectors. She was speaking at a conference in San Jose, California, where witnesses “saw them being affectionate at the hotel,” according to the daily. This revelation about the second affair follows Jensen Huang's acknowledgment of a relationship with Alice Huang, a senior executive at data center company Megaspeed based in Singapore. U.S. intelligence agencies released a memo last spring claiming that Alice Huang was an agent of China's Ministry of State Security, according to media reports.

Jensen Huang admitted to dating Alice Huang, who has the same surname but with whom he is not related. “I have been unfaithful to my wife,” he wrote in a memo to Nvidia employees this weekend. The same day, Nvidia's board said in a statement that it had launched "an independent investigation following recent reports that founder and CEO Jensen Huang was the target of a foreign intelligence operation." “I support the investigation and will cooperate fully,” promised Jensen Huang.

The Wall Street Journal reported that Jensen and Alice Huang were photographed together in Taipei in 2024 and 2025. Nvidia shareholders have filed a class-action lawsuit against Jensen Huang and the AI ​​graphics card or processor giant, accusing it of failing to disclose information about the relationship to investors.