Nvidia board weighs CEO Jensen Huang's ouster after second affair report

Nvidia's board is considering removing CEO Jensen Huang after reports emerged of a second affair, this time with a subordinate manager, following his earlier admission of a relationship with a woman suspected of being a Chinese spy. The company's stock has fallen sharply in after-hours trading. The Wall Street Journal reported the board's intention to oust Huang, citing internal sources, while the New York Times detailed the alleged relationship with a directly reporting manager, which would violate company policy. Huang previously acknowledged an affair with a Singapore-based manager, Alice Huang, whom US intelligence believes is a Chinese spy, with her employer Megaspeed suspected of illegally providing Nvidia chips to China. Huang co-founded Nvidia 33 years ago and has no clear successor, having resisted succession planning. His central role in the AI industry, where Nvidia dominates the market for specialized chips and acts as a quasi-bank financing the ecosystem, makes his potential departure a significant concern for investors and the broader sector.