Nvidia preps to boot Jensen Huang after second alleged affair revealed in wake of Chinese ‘spy’ scandal: report

Jensen Huang’s future as Nvidia’s chief executive was hanging by a thread Wednesday night, with the chipmaking giant’s board weighing whether to remove its billionaire founder following revelations of a second alleged extramarital affair, the Wall Street Journal reported.

Directors were poised to meet as soon as late Wednesday to discuss whether Huang, 63, should remain in charge, according to the Journal, which cited people familiar with the matter.

Nvidia’s stock was down 8% in after-hours trading Wednesday, after clawing back some of its recent losses earlier in the day.

Huang’s potential ouster marks a sharp reversal for Nvidia’s board, which publicly backed him just days earlier as it launched an independent investigation into his affair with a Chinese businesswoman suspected of working for Beijing’s intelligence services.

Wednesday’s boardroom turmoil came amid fresh allegations that Huang had an affair with Kimberly Powell, 48, Nvidia’s vice president of health care — who reports to him, according to the New York Times.

Powell joined the Silicon Valley giant in 2008 to help bring its graphics-processing technology into medical imaging equipment.

She rose through Nvidia’s business development ranks, becoming a senior director in 2016 before being named vice president of health care by late 2017.

The pair were seen displaying affection at a San Jose, Calif., hotel during the company’s annual developer conference in March, the Times reported.

A bystander filmed the encounter before being sequestered by Huang’s security team and offered a nondisclosure agreement, according to the newspaper, which said it had not viewed the recording.

Nvidia’s code of conduct warns employees against conflicts of interest involving personal relationships.

When the Times contacted Huang on Wednesday about Powell, he replied, “I don’t think you should be talking to me directly,” before hanging up.

Nvidia declined to provide a statement to the newspaper. Powell did not immediately respond to its request for comment.

The other woman at the center of Huang’s troubles is Alice Huang, also known as Huang Le, a Chinese business executive with ties to Megaspeed International — a Singapore-based Nvidia customer that has come under scrutiny over its dealings with China.

US intelligence agencies reportedly assessed that Alice Huang, no relation to the Nvidia exec, was working for China’s Ministry of State Security, Beijing’s spy agency.

The Gray Lady and the Financial Times reported that US officials believed she had been recruited to collect information about Jensen Huang and potentially influence Nvidia’s lobbying over American restrictions on advanced chip exports to China.

The intelligence findings have not been made public, and the available reporting does not establish that Huang knowingly assisted Chinese intelligence.

Alice Huang, who is not related to the Nvidia chief, was photographed alongside him at business and social events in Taiwan and California dating back to at least 2024.

She also made repeated trips to the US and was photographed at Nvidia’s headquarters during a company conference in 2025.

The Chinese businesswoman was managing director of Megaspeed, a cloud-computing company that has purchased substantial quantities of Nvidia’s advanced processors.

Megaspeed’s reported assets ballooned from approximately $33 million in 2023 to $3 billion the following year, according to Reuters, which reviewed corporate records.

Megaspeed came under federal scrutiny over whether Chinese customers were gaining access to restricted Nvidia computing power through the Singapore-based operation.

The Times reported in October 2025 that Commerce Department officials were investigating the company.

Nvidia said its compliance review had found no evidence of improper chip diversions and maintained that visits to Megaspeed’s facilities were consistent with a legitimate cloud-computing operation

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