Two affairs rock Huang as Nvidia mulls CEO's future

Listen to this article in summarized format Listen Loading... × × Subscribe to Unlock AI Briefing and Premium Content New Year Offer 24 Hours Left Subscribe Now Already a member? Sign In What's Included Exclusive Stories Daily ePaper Access Smart Market Tools Curated Investment Ideas Ad-lite Experience Subscription AP Nvidia co-founder and CEO Jensen Huang is facing mounting pressure over two alleged extramarital affairs, including a reported relationship with a senior executive at the chipmaker and another with a Singapore-based businesswoman accused by US intelligence of having links to Chinese espionage. The revelations have reportedly prompted Nvidia's board to consider his future at the helm of the company. According to a report by The Wall Street Journal, Nvidia's board was preparing to meet as early as Wednesday to discuss Huang's position, citing people familiar with the matter. The developments come as the 63-year-old executive faces growing scrutiny over his personal relationships, corporate conduct and alleged exposure to a foreign intelligence operation. Also Read: Could Jensen Huang's position as NVIDIA CEO be challenged? What the company's bylaws say The latest allegations involve Kimberly Powell, Nvidia's 48-year-old vice president of health care, who reportedly had an extramarital relationship with Huang. Five people who worked at the company told The New York Times that the two were involved in a relationship that had not previously been publicly reported. Powell has been a prominent figure in Nvidia's efforts to expand its chip technology into the health care and higher education sectors. According to two former company employees, Huang and Powell were captured on video being affectionate at a San Jose, California, hotel during a Nvidia conference in March. The New York Times said it had not independently viewed the video. Live Events The newspaper also reported that the two "were seen being affectionate at the hotel" by conference attendees. Also Read: Nvidia CEO Jensen Huang faces leadership questions as Republican senator calls for his resignation The allegations have raised questions about Nvidia's workplace policies, particularly its rules governing relationships between managers and employees. The company's code of conduct instructs employees to "avoid situations where our actions create conflict" including "personal relationships," while also stating that it "promptly investigates reports of misconduct." The second reported relationship follows earlier revelations concerning Alice Huang, a senior executive at Singapore-based data centre company Megaspeed. Despite sharing a surname, she is not related to Jensen Huang. The Wall Street Journal previously reported that the two were photographed together in Taipei in 2024 and 2025. US intelligence reportedly circulated a memo this past spring alleging that Alice Huang was an asset of China's Ministry of State Security. Jensen Huang acknowledged the relationship in a note sent to Nvidia employees on Sunday, writing: "I was unfaithful to my wife." On the same day, Nvidia's board of directors announced that it had launched an investigation into the matter, stating that it would conduct "an independent investigation in light of recent reporting that founder and CEO Jensen Huang has been the target of a foreign intelligence effort." Huang subsequently expressed support for the probe, writing: "I support the investigation and will cooperate fully. I love our country and our company." The controversy has also drawn attention from US lawmakers. Huang has reportedly been asked by Congress to provide a closed-door briefing about his interactions with Alice Huang, according to The New York Times. Republican Senator has also called for his resignation, adding to questions about his continued leadership of the semiconductor giant. The allegations emerge at a critical moment for Nvidia, whose market value has soared alongside the global artificial intelligence boom. Huang has become one of the most influential figures in the technology industry, frequently appearing alongside US President Donald Trump at high-profile White House events. As recently as last month, Huang appeared with Trump to receive a National Medal of Science from the Republican leader. He has also joined other prominent technology executives, including Elon Musk, Jeff Bezos and Mark Zuckerberg, in pledging to self-regulate artificial intelligence amid concerns about the technology's potential risks. Meanwhile, the controversy is beginning to have financial and legal repercussions. Nvidia shareholders have filed a class-action lawsuit against Huang and the company, alleging that information about the relationship was not adequately disclosed to investors. Nvidia shares have also reportedly fallen sharply in recent days following Huang's admission of the affair. Nvidia is a dominant player in the global semiconductor industry, designing graphics processing units (GPUs) initially developed to handle complex 3D visuals in video games. These processors have since become essential components in artificial intelligence systems, data centres and advanced computing infrastructure. Most of Nvidia's processors are manufactured by Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chipmaker. With two alleged affairs, a foreign intelligence controversy and mounting questions over corporate governance now surrounding its chief executive, Nvidia faces growing uncertainty over whether Huang can continue leading one of the world's most valuable technology companies. Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel ) Read More News on Nvidia Jensen Huang Nvidia board class action lawsuit extramarital affair jensen huang ouster nvidia shares (You can now subscribe to our Economic Times WhatsApp channel ) Read More News on Nvidia Jensen Huang Nvidia board class action lawsuit extramarital affair jensen huang ouster nvidia shares Explore More Stories Sass Jordan cause of death: How did ‘Racine’ singer die after cancelling shows over ‘serious medical condition’? 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