Nvidia CEO Jensen Huang may be ousted after second affair revealed, reports claim

Nvidia's CEO, Jensen Huang, found himself in a scandalous situation after admitting to an extramarital affair with a coworker, Kimberly Powell. The New York Times reported the affair, which may not be the only one, as speculation arises that this could lead to Huang's removal from his position. Huang, who has been married since 1985, and Powell, also reportedly married, were seen together affectionately as recently as March.

While the New York Times identified Powell as an alleged Chinese intelligence asset, China denied the claims. The board of Nvidia is now considering removing Huang, with the Wall Street Journal reporting their intent to take this step. Nvidia's code of conduct does not explicitly forbid personal relationships or dating coworkers, but it does emphasize avoiding conflicts of interest and maintaining high ethical standards.

Following the revelation of his second affair, Huang's stock price dropped further, losing more than 8 percent in after-hours trading.