Nvidia board weighs ousting CEO Jensen Huang after affair reports

Nvidia's board is preparing to oust CEO Jensen Huang following reports of two extramarital affairs, including one with a suspected Chinese spy, according to the Wall Street Journal. The board may meet as soon as Wednesday to decide his fate. Huang also had a relationship with Kimberly Powell, Nvidia's vice-president of healthcare, per the New York Times, citing video of them being affectionate at a San Jose hotel in March. Nvidia shares fell about 8% in after-hours trading, erasing roughly US$600 billion in market value this week since the board launched an investigation. Huang co-founded Nvidia in 1993 and built it into a US$4 trillion AI chip leader, but his potential removal leaves no succession plan. He acknowledged infidelity to employees on Sunday, while US President Donald Trump has defended him, and Huang faces a possible congressional subpoena over ties to a Chinese businesswoman.