Nvidia board weighs Jensen Huang's ouster after second alleged affair
Nvidia's board is reportedly considering whether to oust CEO Jensen Huang following revelations of a second alleged extramarital affair, this time with healthcare VP Kimberly Powell, causing shares to drop 8% in after-hours trading. The Wall Street Journal reported the board may meet as soon as November 12 to discuss Huang's future. The new allegations add to an existing controversy involving his relationship with a Chinese businesswoman suspected of intelligence ties. Nvidia's code of conduct requires investigating reported misconduct, though no official probe has been confirmed. Huang co-founded Nvidia in 1993 and built it into a $4 trillion AI chip leader. His potential departure could disrupt the company during heightened U.S.-China tech competition. He faces possible congressional subpoenas over the Chinese connection, while the board's deliberations will determine his fate.