Nvidia preparing to oust CEO Jensen Huang: U.S. media

Nvidia’s board is preparing to oust its co-founder and CEO, Jensen Huang, U.S. media reported Wednesday (November 11, 2026), as the chip giant’s chief faces new accusations of infidelity, after revelations he had an affair with a woman accused of spying for China.

The tech company’s board was preparing to meet as soon as Wednesday (November 11, 2026) to determine Huang’s future, according to the Wall Street Journal, which quoted people familiar with the matter.

The New York Times reported on Wednesday (November 11, 2026) that Mr. Huang was also involved in a second extramarital affair, with a subordinate, saying there was video evidence of the 63-year-old executive being affectionate with Nvidia’s vice-president of health care, Kimberly Powell.

Ms. Powell, 48, has been a public face of Nvidia’s efforts to expand the chip technology into higher education and health care, and was speaking at a San Jose, California conference where they “were seen being affectionate at the hotel” by bystanders, the Times reported.

The report of the second affair follows Ms. Huang’s acknowledgement of a relationship with Alice Huang, a senior executive at Singapore-based data centre company Megaspeed. The Wall Street Journal reported that the two were photographed together in Taipei in 2024 and 2025.

U.S. intelligence reportedly circulated a memo this past spring alleging Alice Huang was an asset of China’s Ministry of State Security.

The Nvidia CEO admitted to having had a relationship with Ms. Huang — to whom he bears no familial relation — in a note to Nvidia employees Sunday (November 8, 2026) , writing: “I was unfaithful to my wife.”

The same day, Nvidia’s board of directors said in a statement that they’d launched “an independent investigation in light of recent reporting that founder and CEO Jensen Huang has been the target of a foreign intelligence effort.”

“I support the investigation and will cooperate fully. I love our country and our company,” Ms. Huang wrote in his statement. The Times reported that Congress has also called on him to provide a closed-door briefing on his interactions with Alice Huang.

As the surge in the artificial intelligence industry has driven Nvidia’s stock to new heights, Mr Huang has appeared alongside U.S. President Donald Trump at White House events, most recently last month, when he accepted a National Medal of Science from the Republican leader.

Mr. Huang was among the world’s most influential tech leaders — including Elon Musk, Jeff Bezos and Mark Zuckerberg — who vowed to self-regulate AI against possible threats, as Mr. Trump rejected calls for government oversight and dismissed warnings the technology could wipe out humanity.

Nvidia shareholders filed a class action lawsuit against Mr. Huang and the AI chip maker for failing to disclose information about the relationship to investors.

Nvidia shares have plummeted in recent days since Mr. Huang admitted to the affair.

Nvidia designs advanced components created to handle 3D visuals in video games, called Graphics Processing Units (GPUs).

Nvidia’s processors are mostly made by the Taiwanese company TSMC, the world’s largest contract manufacturer of chips.