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Nvidia board reportedly weighs Jensen Huang’s future

Reports of two alleged extramarital relationships and a suspected Chinese intelligence operation have prompted an independent investigation, while shareholders have filed a lawsuit against the chipmaker and its CEO.

Mariam Balogun by Mariam Balogun
November 12, 2026
in News, Business / Technology
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Nvidia’s board is reportedly considering the future of co-founder and Chief Executive Officer Jensen Huang following allegations of extramarital relationships and concerns over a possible foreign intelligence operation involving a woman linked to him.

The Wall Street Journal reported on Wednesday that the board was preparing to meet as early as that day to discuss Huang’s position, citing people familiar with the matter.

Also read: China accuses US of using spy claims to block tech progress

The New York Times separately reported that Huang, 63, was allegedly involved in a second extramarital relationship with a subordinate, Kimberly Powell, Nvidia’s vice-president of healthcare.

According to the newspaper, video evidence showed the pair being affectionate at a hotel during a conference in San Jose, California, where Powell was speaking about Nvidia’s expansion into higher education and healthcare.

The latest report followed revelations about Huang’s relationship with Alice Huang, a senior executive at Singapore-based data centre company Megaspeed.

The Wall Street Journal reported that the two were photographed together in Taipei in 2024 and 2025.

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US intelligence officials reportedly circulated a memo earlier this year alleging that Alice Huang was an asset of China’s Ministry of State Security.

The allegation has not been independently established in the supplied report.

Jensen Huang acknowledged having a relationship with Alice Huang in a message to Nvidia employees on Sunday, admitting that he had been unfaithful to his wife.

“I was unfaithful to my wife,” he wrote.

On the same day, Nvidia’s board announced that it had launched an independent investigation following reports that its chief executive had been the target of a foreign intelligence effort.

“I support the investigation and will cooperate fully. I love our country and our company,” Huang said in his message.

The New York Times also reported that members of Congress had called on Huang to provide a closed-door briefing about his interactions with Alice Huang.

The controversy has also reached the courts, with Nvidia shareholders filing a class-action lawsuit against the company and its chief executive.

The investors allege that information about the relationship was not properly disclosed to shareholders.

The reports come as Nvidia has become one of the most influential companies in the artificial intelligence industry, with strong demand for its advanced processors helping drive its market value to new heights.

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Huang has also maintained a high public profile in Washington, appearing alongside US President Donald Trump at White House events. Last month, Trump presented him with the National Medal of Science.

The Nvidia chief was among prominent technology executives, including Elon Musk, Jeff Bezos and Mark Zuckerberg, who pledged to support efforts to regulate the development of artificial intelligence against potential threats. Trump has opposed calls for stronger government oversight of the technology.

Nvidia designs graphics processing units, or GPUs, which were initially developed to handle complex visuals in video games but have become essential components in artificial intelligence computing.

Most of the company’s processors are manufactured by Taiwan Semiconductor Manufacturing Company, the world’s largest contract chipmaker.

Also read: China accuses US of using spy claims to block tech progress

Despite the reports of a possible leadership shake-up, Nvidia’s board has publicly confirmed an independent investigation but has not announced a decision to remove Huang as chief executive.

Mariam Balogun
Mariam Balogun

Mariam Balogun is a contributor to Freelanews.com, covering news, business, and public affairs.

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