First up, from the New York Times:
Nov. 11, 2026Updated 8:57 p.m. ETJensen Huang Said to Have Had Relationship With Nvidia Executive Who Reports to Him
Mr. Huang, Nvidia’s chief executive, is already facing scrutiny over an affair with a Chinese businesswoman who U.S. intelligence determined was a Chinese spy.
Jensen Huang, the leader of Nvidia who is under investigation for an affair with a woman who U.S. intelligence determined is a Chinese spy, also had an extramarital relationship with an executive who reports to him, according to five people who worked at the company.
The relationship, which has not been previously reported, was with Kimberly Powell, Nvidia’s vice president of health care, said the people, who spoke under the condition of anonymity to describe sensitive information. Under Nvidia’s code of conduct, employees are told to “avoid situations where our actions create conflict” including “personal relationships,” and the company states that it “promptly investigates reports of misconduct.” Many corporations have policies against managers having relationships with subordinates.
Mr. Huang, 63, and Ms. Powell, 48, were captured on video being affectionate at a San Jose, Calif., hotel during a Nvidia conference in March, according to two of the people who worked at the company. The New York Times has not seen the video.
Both Mr. Huang and Ms. Powell are married to other people.
Mr. Huang, who co-founded Nvidia in 1993 and has turned it into the premier supplier of artificial intelligence chips, has been under intensifying scrutiny. Last month, The Times reported that a Chinese executive he had become close to had been identified by U.S. officials as a Chinese intelligence asset.
This month, after Mr. Huang acknowledged the affair, Nvidia’s board opened an investigation into the matter that is being led by the law firm Wachtell, Lipton, Rosen & Katz. The Republican leaders of three influential House committees have also asked Mr. Huang to appear for a closed-door briefing on his interactions with the woman, who goes by the name Alice Huang....
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And at the Wall Street Journal, Updated ET:
Exclusive
Nvidia Is Preparing to Oust CEO Jensen Huang
Move follows company investigation into an affair with a Chinese woman alleged to be a spy
Nvidia's board is preparing to oust CEO Jensen Huang after he had two extramarital affairs, including one with a suspected Chinese spy and another with an employee.
The board is planning to meet as soon as Wednesday to determine his future, people familiar with the matter said. His departure would bring down the curtain on an era during which he stoked the global artificial-intelligence boom and became a geopolitical star. It would leave one of the world’s most valuable companies in need of a new leader.Huang, a co-founder of Nvidia, is seen by many as the face of the AI arms race. Known for his leather jackets and near-constant appearances at conferences and events all around the globe, he spoke with the confidence of a salesman who had just what the world wanted—and he did. Nvidia’s graphics processing units, high powered computer processors packed with billions of transistors, are the central component behind what many believe is the next industrial revolution.The chipmaker’s importance to global customers made Huang a worldwide celebrity. He frequently met with top U.S. and Chinese officials, and was regularly mobbed by adoring fans when he visited Taiwan, his birthplace and the global manufacturing hub of the chip industry.
Then, on Sunday, Huang acknowledged in a letter to staff that he had been unfaithful to his wife and apologized for violating his family’s and his employees’ trust. That affair involved Alice Huang, an executive at the Singapore-based data company Megaspeed, which has been a major Nvidia customer and who U.S. intelligence officials believe is working for China’s intelligence services.
The Nvidia CEO also had an affair with Kimberly Powell, a senior executive at Nvidia who runs the company’s healthcare business, according to a person familiar with the matter. The New York Times earlier reported the second affair. Powell didn’t respond to requests for comment.
Shares of Nvidia were down about 8% after hours, extending a recent slide following the revelation that Nvidia’s board was investigating Jensen Huang’s relationship with Alice Huang. The top executive, 63, is Nvidia’s largest shareholder, owning about 3.6% of the company, and has become one of the richest people in the world.
Huang, who has roughly 60 direct reports, has said he doesn’t believe in succession planning and that leaders should continuously pass on knowledge and information as they have it. It wasn’t immediately clear who would succeed him.
Nvidia’s latest proxy statement warns that it is “highly dependent on the services of our longstanding executive team” and that the failure to ensure effective succession planning could “hinder our strategic planning, execution, and long-term success.”....
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