Nvidia weighed Jensen Huang ouster as second affair rocked board
What's new: Reports said the relationship involved vice president Kimberly Powell, and Nvidia shares fell about 8% after hours.
Nvidia’s board was preparing to consider removing Chief Executive Jensen Huang after reports of a second extramarital relationship added to a widening scandal around the chipmaker’s leader. The newly reported relationship was with Kimberly Powell, Nvidia’s vice president of healthcare, according to people cited by The New York Times. The company had already opened an investigation, led by Wachtell, Lipton, Rosen & Katz, after scrutiny of Huang’s ties to Alice Huang, a businesswoman US intelligence identified as a Chinese intelligence asset. Nvidia’s shares fell about 8% in after-hours trading. Huang, 63, co-founded Nvidia in 1993 and has led it into a dominant position in AI chips.