Nvidia Board Moves to Oust CEO Jensen Huang After Affairs With Suspected Spy and Subordinate
Nvidia's board is preparing to oust CEO Jensen Huang following revelations of two extramarital affairs, including one with a suspected Chinese spy, according to The Wall Street Journal. The board met Thursday to decide his future at the $4.1 trillion chipmaker. The New York Times reported Huang, 63, had a second affair with Kimberly Powell, 48, Nvidia's vice president of healthcare. The board has worked with an outside firm to identify replacements and may name a temporary chief. Nvidia shares fell about 7% in after-hours trading. Huang founded Nvidia in 1993 and apologized Sunday for his actions. The suspected spy, Alice Huang, ran Singapore-based Megaspeed, which allegedly smuggled AI chips to China. President Donald Trump backed Huang, saying he was unaware of his lover's identity.