Nvidia board weighs ousting CEO Jensen Huang over affairs with alleged spy

Nvidia's board is reportedly preparing to oust CEO Jensen Huang following revelations of two extramarital affairs, including one with an alleged Chinese spy, according to the Wall Street Journal. A decision on his future could come as early as Wednesday. The board is investigating whether Huang was targeted by a foreign intelligence operation, with US agencies alleging the woman facilitated Nvidia chip deliveries to Chinese firms. The New York Times also reported a second affair with a subordinate vice president, Kimberly Powell. Nvidia's stock fell about eight percent in after-hours trading. The scandal carries significant political weight, as Nvidia dominates the market for AI chips central to US-China tech competition. The company has lost over $300 billion in market value since the affair became public, and Huang's potential departure would create a leadership vacuum at the roughly $4 trillion company.