Nvidia’s Board Moves to Oust Jensen Huang Amid Second Affair Allegation

Nvidia’s board is preparing to remove CEO Jensen Huang following reports of a second extramarital affair, this time with a senior executive at the company, according to *SiliconANGLE*. The move comes just days after Huang admitted to an affair that has already triggered internal investigations and a sharp decline in the company’s stock.

The latest allegation involves Kimberly Powell, Nvidia’s vice president of healthcare, whose role leading the company’s AI-driven medical imaging division has raised questions about her qualifications. Footage reportedly shows Powell and Huang in an affectionate embrace at a San Jose hotel in March, while internal rumors of their relationship have circulated for years. The board is expected to meet to consider Huang’s future, with sources suggesting all options—including dismissal—are being discussed.

This is the second major scandal to engulf Huang in recent weeks. His admission of the earlier affair prompted the board to hire an outside law firm to investigate potential leaks of sensitive information. While Huang has denied wrongdoing, the matter has drawn scrutiny from regulators and lawmakers. A former U.S. president, who has publicly defended Huang, was reportedly briefed on the situation but did not intervene.

Huang’s personal scandals now threaten Nvidia’s stability at a critical juncture. The company, which dominates the AI chip market, has no clear successor. Huang holds a significant stake in Nvidia and has appointed family members to key executive roles. His absence would leave the company’s future uncertain, particularly as its stock has fallen for a sixth consecutive week amid broader market pressures.

The healthcare division Powell oversees is a minor segment of Nvidia’s business, accounting for a fraction of its multibillion-dollar data center revenue. Yet her prominence in the company’s AI-driven medical applications—including drug discovery and clinical analytics—has made her a visible figure at events like Nvidia’s annual GTC conference. The fact that she lacks a background in healthcare or science has fueled speculation about the nature of her relationship with Huang.

Nvidia’s board faces a delicate balance: addressing governance concerns while avoiding further damage to its brand. The company’s stock, already under pressure from regulatory scrutiny and macroeconomic shifts, could suffer further if Huang’s removal triggers instability. Investors will be watching closely for signs of a leadership transition—or whether the board opts for a different resolution.

This crisis also raises broader questions about corporate culture at Nvidia, where Huang’s hands-on leadership has been central to its rise. As previously reported, the initial scandal forced a reassessment of the company’s governance, with stakeholders questioning whether its dominance in AI chips—critical for both defense and commercial applications—makes it vulnerable to external pressures. The latest allegations suggest the board is no longer willing to tolerate the risks posed by Huang’s personal conduct.

What happens next will depend on whether the board can swiftly name a successor or whether the uncertainty prolongs the fallout. For now, Nvidia’s future hangs on a boardroom decision that could redefine one of the most powerful companies in tech.

Sources: siliconangle.com