Nvidia board considers removing Jensen Huang following revelations of workplace affair

Nvidia's board of directors is preparing to oust co-founder and chief executive Jensen Huang following reports of a second extramarital relationship, according to The Wall Street Journal. Directors could meet as early as November 11 to deliberate on Huang's future at the chipmaker, though no final decision has been reached. The company's shares dropped 8% in after-hours trading following the disclosures. [1][2][3]

The two were reportedly seen together at a San Jose hotel during Nvidia's GTC conference in March, according to five people who worked at the company. Days earlier, Huang had admitted to an affair with Alice Huang, a Chinese businesswoman whom U.S. intelligence suspects of being a Chinese intelligence asset. [1][2][4]

Huang has served as Nvidia's first and only chief executive across its 33-year history, making any potential leadership transition unprecedented for the business. While chief financial officer Colette Kress could potentially step in as interim chief executive if Huang departs, Nvidia lacks an obvious successor or formal succession plan. [2][3]