Nvidia board prepares to force out Jensen Huang after 2 affairs

Nvidia’s board was preparing to remove Chief Executive Jensen Huang after reports that he had two extramarital affairs, including one with Kimberly Powell, a vice president who reported to him. The Wall Street Journal reported the board could meet as soon as Wednesday to decide his future, while Bloomberg reported the company was working with an outside firm to identify possible successors. The New York Times reported Huang and Powell were seen being affectionate at a San Jose hotel during an Nvidia conference in March. Nvidia’s code of conduct warns employees to avoid conflicts tied to personal relationships. The fallout hit the roughly $4 trillion chipmaker’s stock, which slid about 8% in after-hours trading.