Nvidia’s board is reportedly considering Jensen Huang’s removal as CEO amid allegations of misconduct and a foreign intelligence investigation

Nvidia’s board is reportedly considering removing co-founder and Chief Executive Officer Jensen Huang following allegations about his personal relationships and a possible foreign intelligence connection, according to reports by US media outlets.

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The Wall Street Journal reported on Wednesday that the board was preparing to meet as early as that day to discuss Huang’s future, citing people familiar with the matter.

The New York Times also reported that Huang, 63, was allegedly involved in a second extramarital relationship, this time with a subordinate, Kimberly Powell, 48, Nvidia’s vice-president of healthcare.

According to the newspaper, witnesses saw the pair displaying affection at a hotel during a conference in San Jose, California.

Powell has been a prominent figure in Nvidia’s efforts to expand the use of its chip technology in healthcare and higher education.

The latest allegations follow Huang’s admission that he had an extramarital relationship with Alice Huang, a senior executive at Singapore-based data centre company Megaspeed. The two are not related.

The Wall Street Journal previously reported that they were photographed together in Taipei in 2024 and 2025.

The controversy intensified after US intelligence reportedly circulated a memo in the spring alleging that Alice Huang was an asset of China’s Ministry of State Security. The allegation has not been established as fact in the information provided.

In a note to Nvidia employees on Sunday, Jensen Huang acknowledged the relationship, writing: “I was unfaithful to my wife.”

Nvidia’s board announced on the same day that it had launched an independent investigation following reports that its founder and chief executive had been the target of a foreign intelligence effort.

Huang said he supported the investigation and would cooperate fully.

“I support the investigation and will cooperate fully. I love our country and our company,” he wrote.

The controversy has also attracted attention from US lawmakers, with Congress reportedly calling on Huang to provide a closed-door briefing about his interactions with Alice Huang.

Meanwhile, Nvidia shareholders have filed a class-action lawsuit against the company and its chief executive, alleging that information about the relationship was not disclosed to investors.

Nvidia shares have reportedly fallen in recent days following Huang’s admission, although the supplied report does not provide figures showing the scale of the decline.

The developments come as Nvidia remains one of the most influential companies in the artificial intelligence industry, with its processors playing a central role in the expansion of AI computing.

Huang has also maintained a high public profile in Washington. Last month, he appeared alongside US President Donald Trump at a White House event, where he received the National Medal of Science.

He was among prominent technology executives, including Elon Musk, Jeff Bezos and Mark Zuckerberg, who previously pledged to support industry self-regulation of artificial intelligence amid concerns about its potential risks.

Nvidia designs graphics processing units, or GPUs, initially developed to handle complex visual processing in video games but now widely used in artificial intelligence systems.

Most of the company’s processors are manufactured by Taiwan Semiconductor Manufacturing Company, the world’s largest contract chipmaker.

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The reports have placed Huang’s leadership under scrutiny, although the allegations, board deliberations and outcome of the reported investigation remain subject to confirmation.