Nvidia prepares to oust Jensen Huang as CEO – Report claims

Nvidia’s CEO, Jensen Huang, may be ousted later today by the company’s board of directors

According to a report from The Wall Street Journal, Nvidia’s board of directors is reportedly preparing to oust CEO Jensen Huang later today. This follows reports that the founder and chief executive was involved in two extramarital affairs. This includes one with alleged Chinese spy Alice Huang. The board will reportedly meet with Jensen Huang later today to determine his future.

The New York Times reported today on a second affair involving Jensen Huang with a “Nvidia executive who reports to him”. Five Nvidia employees reportedly confirmed that Huang had an affair with Kimberly Powell, Nvidia’s vice president of health care. This is strictly against Nvidia’s official code of conduct. It tells employees to “avoid situations where our actions create conflict”, including “personal relationships.” The paper has reported that both Huang and Powell were “captured on video being affectionate at a San Jose, Calif., hotel during a Nvidia conference in March”.

Nvidia’s board of directors confirmed on November 8th that it would investigate recent reporting on Jensen Huang. Yesterday, the Nvidia board retained the services of Joon H. Kim (former acting U.S. Attorney for the Southern District of New York) and his firm Wachtell, Lipton, Rosen & Katz to conduct a “thorough and independent investigation”. If The Wall Street Journal’s reporting is true, Nvidia may oust Jensen Huang before this investigation can properly begin.

This is a developing story. Expect updates to this article when more information becomes available.

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