Nvidia Board Weighs Ousting CEO Jensen Huang Amid Affair Scandal

Nvidia’s board is considering ousting CEO Jensen Huang after revelations of two extramarital affairs one with a direct subordinate and another with a suspected spy.

News Source: https://www.bbc.com/

Jensen Huang, the CEO of Nvidia, may be fired after two extramarital romances were discovered. Ten years ago, Alice Huang's husband Kang Wei, introduced her to Jensen Huang. Alice Huang is a Singaporean cloud executive who U.S. intelligence suspected of being a Chinese spy. A second affair with Nvidia VP Kimberly Powell, a direct subordinate violated business conduct policies, despite the fact that Nvidia's board originally supported him and engaged outside counsel to look into security threats. Jensen Huang has lost between $500 and $600 billion in market value, the board is considering his dismissal, Washington has summoned him for briefings, and his wife and kids have remained silent.

Two Extra Marital Affairs of Nvidia’s CEO Jensen Huang

1. The Affair with Alice Huang (Suspected Chinese Intelligence Spy)

A Chinese woman also known as Huang Le, Alice Huang is a former executive at Megaspeed International, a Singapore-based cloud computing and data center company that is a very big customer of Nvidia. According to The Wall Street Journal, a Chinese businessman named Kang Wei (often goes as Kang Weigh) has introduced his wife Alice Huang to Jensen Huang. In 2010 when Kang was buying Chinese video game companies, a significant buyer for Nvidia’s chips before the AI boom, Alice Huang was serving as the deputy general manager of Kang’s private equity firm.

After Alice Huang reorganized Megaspeed International, a Singapore-based cloud company supported by Chinese investors and designated as an official Nvidia cloud partner in November 2023, their contemporary AI-era partnership gained momentum in late 2023. To celebrate the achievement, Alice met with Jensen Huang and a few coworkers at an Italian restaurant in Singapore in December 2023. Between 2024 and 2025, Megaspeed bought billions of dollar’s worth of Nvidia AI chips, and the two started to meet often outside of official business settings in Silicon Valley, Taiwan, Shanghai, and Singapore.

In 2024 and 2025, Alice Huang made eight trips to Taiwan, frequently in conjunction with significant tech shows like Computex. She bragged to other IT executives at a late-night event in Taipei in June 2024 that she could call Jensen to join them, and he showed up soon after to share a shot of whiskey. Later, in May 2025, local television cameras captured Jensen placing his arm around Alice while she kissed him on the cheek. The footage was captured through the window of a posh Taipei restaurant.

Alice was referred to as Jensen's "personal assistant" by her husband Kang Wei, who apparently approved of the connection for two years. During that time, the couple took advantage of Alice's close connection with Nvidia's CEO to present Southeast Asian data center proposals to investors.

2. The Affair with Kimberly Powell (Nvidia’s Vice President of Healthcare)

One of Nvidia’s CEO Huang's about sixty direct reports, Kimberly Powell, 48, is Nvidia's Vise President of Healthcare. She has been with the business for eighteen years and is in charge of its medical AI programs. The New York Times revealed on Wednesday, November 11, that Huang and Powell, who are both married to other people, had an extramarital affair, citing five former workers. According to sources, a witness was requested to sign a non-disclosure agreement after the couple was seen on camera showing affection at a hotel in San Jose, California, at an Nvidia conference in March 2026. A connection with a direct subordinate immediately breaches Nvidia's corporate code of conduct regarding conflicts of interest and professional relationships, in addition to the first affair, which the board first addressed with a statement of confidence in Huang.

What is the reaction of Jensen Huang’s Family?

Jensen's wife for more than 40 years, Lori Mills Huang, whom he met while working as an engineering lab partner at Oregon State University, has maintained a low profile and hasn't spoken on the incident in the public. As head of their multibillion-dollar charitable foundation and co-trustee of three family trusts that possess nearly 669 million Nvidia shares, her silence has sparked significant media speculation about their partnership's future.

On Monday, November 9, the morning after her father's confession, Madison Huang, Jensen Huang's daughter and senior director of product marketing for physical AI at Nvidia, abruptly withdrew from a planned AI event in Seoul, South Korea.

Spencer Huang, son of Jensen Huang, a robotics product line manager at Nvidia, and Madison Huang’s husband, Nico Caprez, were among the employees who got his confession memo on November 8.

What is the Nvidia Board’s Take on the Incident?

The NVIDIA Board of Directors declared in an official statement on Sunday, November 8, that it "has confidence in Jensen and his leadership team" when the story initially focused on Huang's alleged link with Chinese intelligence agent Alice Huang. To find out if Huang had been the target of a foreign intelligence operation, the board assembled an independent director committee and engaged the outside legal firm Wachtell, Lipton, Rosen & Katz.

But on Wednesday, November 11, after The New York Times contacted the firm with proof of a second extramarital affair with Kimberly Powell, Nvidia's Vise President of Healthcare, who answers directly to Huang, the board's stance suddenly shifted. A romantic connection with a direct subordinate is against Nvidia's strict internal Code of Conduct regarding manager-subordinate relationships and conflicts of interest, compared to an outside affair.

The board met on Wednesday night to determine whether to remove Huang. The board is made up of eleven directors, ten of whom are independent. The board can remove him "with or without cause" by a majority vote in accordance with Nvidia's bylaws and the directors have already hired an independent search agency to find possible temporary and long-term substitutes.

What’s the take of US Intelligence?

U.S. intelligence services came to the conclusion that China's Ministry of State Security (MSS) had enlisted Alice Huang as an intelligence asset in order to target Nvidia CEO Jensen Huang, obtain knowledge about cutting-edge American AI processors, and sway U.S. export regulations. The relationship caused serious national security concerns in Washington due to possible policy manipulation and export-control evasion, even though intelligence officials concluded that Jensen Huang was an unintentional target rather than a knowing participant.

Rep. Jim Himes (D-Conn.) of the House Intelligence Committee told POLITICO that legislators are still investigating whether Alice Huang was a skilled MSS agent or an opportunistic "useful idiot" providing information to Beijing after receiving classified intelligence briefings earlier this week. Jensen Huang has been invited to a private briefing on national security threats by the heads of three House committees: Foreign Affairs, Intelligence, and the Select Committee on China.

The U.S. intelligence conclusions have been categorically denied by China's Foreign Ministry, which has written off the espionage allegations as "groundless speculation" and political defamation.

FAQs:

Q: Who is Jensen Huang?

A: Jensen Huang is the CEO of Nvidia.

Q: Is Jensen Huang the CEO of Nvidia married?

A: Yes. Jensen Huang is married with Lori Mills Huang for more than 40 years, whom he met while working as an engineering lab partner at Oregon State University, has maintained a low profile and hasn't spoken on the incident in the public.

Q: How many children Jensen Huang and his wife Lori Mills Huang has?

A: The couple has two children. One daughter, Madison Huang, senior director of product marketing for physical AI and one son, Spencer Huang, a robotics product line manager at Nvidia.

Q: Why is Nvidia's board considering ousting CEO Jensen Huang?

A: Nvidia's board convened to weigh removing Jensen Huang after reports revealed a second extramarital affair with a direct subordinate, violating strict company conduct rules.

Q: How did Jensen Huang and Alice Huang meet?                               

A: Jensen Huang was introduced to Alice Huang roughly a decade ago through her husband, Chinese financier Kang Wei, who had prior business dealings with Nvidia.

Q: Why did the second affair with Kimberly Powell trigger board action?           

A: Because Kimberly Powell reports directly to Jensen Huang as Nvidia's VP of Healthcare, their romantic relationship violates company conflict-of-interest and workplace conduct policies.