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NVIDIA's board is reportedly preparing to remove CEO Jensen Huang following two reports about alleged extramarital affairs. The development emerged on November 11, 2026, after The New York Times reported on a second alleged relationship involving Huang. The Wall Street Journal said the board could meet to discuss Huang's future at the company.
The latest report links Huang to Kimberly Powell, NVIDIA's vice president of healthcare. According to The New York Times, Powell reports directly to Huang, raising concerns about workplace relationships and company leadership. The reports have placed NVIDIA's board under further scrutiny as it addresses the latest controversy involving its CEO.
Earlier, Huang acknowledged an affair with Alice Huang, an executive at Singapore-based data company Megaspeed. US intelligence officials reportedly suspect Alice Huang of working with Chinese intelligence services. NVIDIA's board started an independent investigation into possible foreign intelligence activity following these reports.
The company appointed outside legal experts to support the investigation. Its November 8 statement said the board had no reason to believe anyone compromised national security or NVIDIA's confidential information. The directors also expressed confidence in Huang and his leadership team.
NVIDIA has not confirmed any decision to remove its CEO. A company spokesperson previously told media outlets, "Jensen is committed to continuing to lead NVIDIA as CEO without interruption." Huang also agreed to cooperate with the board's investigation.
The reports have also affected investor confidence in the chipmaker. NVIDIA shares fell more than 7% in after-hours trading on November 11. The possible leadership change has raised questions about the company's future direction.
Huang co-founded NVIDIA in 1993 and led its growth into a major supplier of artificial intelligence chips. His departure could create a major leadership challenge for the company. NVIDIA also faces questions about succession, as Huang has not established a clear public succession plan.
For now, the board's reported plans remain unconfirmed, and Huang continues to face scrutiny over the allegations. Any final decision could have wider effects on NVIDIA's leadership and investor confidence.
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