Nvidia board weighs ousting CEO Jensen Huang after affair with suspected Chinese spy

Nvidia’s board is preparing to remove CEO Jensen Huang following his admission of an extramarital affair with an executive suspected of being a Chinese spy, according to The Wall Street Journal, just days after the board publicly backed his leadership. Huang admitted to the affair with Alice Huang, a Megaspeed executive US officials suspect of espionage, and reportedly had a second relationship with Nvidia healthcare VP Kimberly Powell. The board was set to meet as soon as Wednesday to decide his future, with no clear succession plan in place. Huang co-founded Nvidia in 1993 and built it into the dominant AI chip supplier with an estimated 90% market share. Nvidia shares fell about 8% in after-hours trading, while a shareholder lawsuit was filed Monday and House Republicans have requested a briefing on his dealings.