Nvidia weighs Jensen Huang’s future after report of affair with executive

Nvidia’s board was preparing to consider CEO Jensen Huang’s future after reports that he had an extramarital relationship with Kimberly Powell, the company’s vice president of healthcare, who reports to him. The reports said Huang and Powell were seen being affectionate at a San Jose hotel during an Nvidia conference in March. Nvidia had already opened an investigation into Huang’s conduct, led by Wachtell, Lipton, Rosen & Katz. The leadership crisis threatens the company Huang co-founded in 1993 and built into the dominant supplier of AI chips. Nvidia shares fell about 8% in after-hours trading as investors weighed the risk of a sudden change at the top.