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Nvidia's board reportedly prepares to oust CEO Jensen Huang amid alleged affairs

The Wall Street Journal reports directors could meet very soon, and the New York Times says Huang had a relationship with executive Kimberly Powell.

Jensen Huang at Stanford University in 2026
Jensen Huang at Stanford University in 2026. Photo: Anderseidesvik, CC BY-SA 4.0, Wikimedia Commons
24 news outlets reported this
Liberal11 outletsHuang's possible ouster and Nvidia's leadership riskCenter6 outletsBoard weighs removing Huang, shares dropConservative7 outletsHuang's second alleged affair and boardroom turmoil
ABRAnews EditorialPublished 1 min read
Overview

Nvidia's board is preparing to remove CEO Jensen Huang, the Journal reported on Wednesday. Reports say directors could meet imminently to decide his future. Nvidia shares fell about 8% in after-hours trading that day.

CBS News, citing two sources, says the Trump administration is aware of the matter. The move follows days of turmoil over Huang's relationship with Alice Huang, who is not related to him. US intelligence agencies reportedly believe she was recruited by China's Ministry of State Security.

Huang told employees he was "unfaithful to my wife." Nvidia's board said it has no reason to believe national security or company secrets were compromised. CBS News reports that China has denied the allegations.

The New York Times also reported on Wednesday that Huang was involved with Kimberly Powell, Nvidia's vice president of health care who reports to him. The Times cites five people who worked at the company. Two of them say footage shows the pair acting affectionately at a hotel in San Jose during a company conference in March.

The Times has not seen the video. Both are married to other people. Asked about Powell, Huang told the Times, "I don't think you should be talking to me directly," and hung up.

Nvidia declined to provide a statement.

Key figures
  • about 8%drop in Nvidia shares in after-hours trading WednesdayDeutsche Welle
  • about $1 trillionmarket value Nvidia has lost since the Times first reported on Oct. 29, per AxiosAxios
  • fivepeople who worked at Nvidia cited by the Times on the Powell relationshipNew York Post

Three sides of the story

11Liberal6Center7Conservative

24 news outlets reported this

Tap a color or swipe sideways to switch sides.

Liberal11 outlets

Huang's possible ouster and Nvidia's leadership risk

CBS News leads with the board preparing to oust Huang, citing two sources, and adds that the Trump administration is aware. It quotes President Trump calling Huang a "very high-quality person" and China's foreign ministry calling the spy story "slander and smear." Yahoo News runs a live-updates page on the stock drop, saying the board is reportedly meeting and that the scandal exposes Nvidia's "key-person risk."

Axios frames the story around a company at the heart of the AI boom whose CEO has no obvious successor. It quotes Georgetown business ethics professor Peter Jaworski: "You can't have a relationship like this with a direct report." Business Insider profiles Powell, who joined Nvidia in 2008 and became vice president of healthcare in 2017, and notes that neither she nor Nvidia answered its requests for comment.

Center6 outlets

Board weighs removing Huang, shares drop

Deutsche Welle headlines that the board "reportedly weighs ousting" Huang and says it could meet imminently, as media outlets led by the Wall Street Journal report. It adds that a Bloomberg reporter said on X the board is working with an outside firm on possible successors and considering an interim CEO.

The Wall Street Journal's headline says Nvidia "Is Preparing to Oust" Huang and links the move to the company's inquiry over an affair involving a Chinese woman alleged to be a spy. MarketWatch says the board reportedly could meet very soon to decide the CEO's fate.

The Hill focuses on the market: shares fell roughly 8.3 percent after hours to below $160, a level not seen since June 2025, after the Times reported a second affair.

Conservative7 outlets

Huang's second alleged affair and boardroom turmoil

The New York Post says Huang's future "was hanging by a thread" as the board weighs removing its founder, citing the Wall Street Journal, and notes the board had backed him publicly days earlier. Its second piece adds personal detail about Powell, including her husband, their home and 2016 posts on X praising Huang. The Post carries investor Xiaoyin Qu, who expects a short-term shock but little long-term effect.

It notes that US intelligence findings about Alice Huang remain unpublished and that reports so far do not show Huang knowingly aided Chinese intelligence. RedState relays the Times report, stresses that its five sources are unnamed, calls it "an unverified report," and writes that if it is all true, Huang would seem to have self-discipline problems that "would make Bill Clinton blush."

Where outlets disagree
All sources: 50 articles from 24 outlets

Liberal (24)

Center (17)

Conservative (9)

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  5. Nvidia's board reportedly prepares to oust CEO Jensen Huang amid alleged affairsThis story
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