Nvidia's board of directors has convened to discuss whether to remove co-founder and chief executive Jensen Huang from his role, according to reports from Reuters and The Wall Street Journal. The deliberations follow reporting by The New York Times that Huang engaged in a personal relationship with Kimberly Powell, Nvidia's vice president of healthcare, who reported directly to him.
Nvidia's workplace code of conduct mandates that staff avoid personal relationships that create conflicts of interest and restricts manager-subordinate relationships. The revelation regarding Powell surfaced shortly after Huang issued an internal memo on Sunday admitting infidelity to his wife, apologizing for violating company trust.
Huang's initial admission followed media scrutiny concerning his relationship with Alice Huang, an executive associated with Singapore-based data center vendor Megaspeed. United States intelligence agencies had scrutinized the businesswoman over alleged ties to China's Ministry of State Security, allegations that Beijing has dismissed as groundless speculation.
In response to the national security scrutiny, Nvidia's board commissioned law firm Wachtell, Lipton, Rosen & Katz to conduct an independent inquiry into whether sensitive technology or internal operations were compromised. Company shares fell between 7 and 8 percent in extended and pre-market trading amid the leadership uncertainty.
Sources
- Gulf Business · 2026-11-12
