Nvidia board weighs removing CEO Jensen Huang over affair reports

Nvidia's board is preparing to remove CEO Jensen Huang following revelations of two extramarital affairs, including one with a woman U.S. authorities consider a Chinese spy, according to the Wall Street Journal. The board is set to meet Wednesday evening to decide his fate. The New York Times reported Huang had a relationship with Kimberly Powell, a vice president and direct subordinate, known to employees. Nvidia's code of conduct requires avoiding conflicts of interest, including personal relationships, and the company says it investigates misconduct reports. Nvidia shares fell about 8% in after-hours trading, erasing over $300 billion in market value since the news broke. Huang's potential departure could create a leadership vacuum at the $4 trillion company, central to the U.S.-China AI chip competition.