Nvidia CEO news LIVE updates: Key board meeting today as chipmaker mulls removing Jensen Huang

The board of Nvidia is set to hold a crucial meeting today, as the chipmaker ponders the possibility of removing CEO Jensen Huang from his position, according to a report from the Wall Street Journal. This deliberation stems from an ongoing investigation into allegations that Huang's extramarital affair with a Chinese businesswoman, Alice Huang, may have posed a national security risk.

US officials have expressed concerns that Alice Huang, also known as Huang Le, could be a Chinese intelligence asset, possibly aiding Beijing in obtaining Nvidia's AI chips, which the United States has restricted from Chinese possession.

Jensen Huang's extramarital affair has not gone unnoticed, with US officials alleging that Alice Huang, who served as a managing director at Megaspeed, a Singapore-based firm and Nvidia's primary cloud partner for the Asia-Pacific region, may have contributed to the transfer of Nvidia's AI chips to China. Further fueling speculation, a New York Times report revealed that Huang had another extramarital relationship with Kimberly Powell, Nvidia's vice president of healthcare and a hardware engineer with DOME Imaging Systems and Planar Systems, Inc. Powell, who was reportedly seen affectionately with Huang during an Nvidia conference in March, holds a position that directly reports to him.

Adding another layer to the unfolding scandal, Alice Huang recently returned to Beijing, according to sources familiar with the matter. Her presence in the Chinese capital has raised concerns about her intentions and whether she is cooperating with Chinese officials. While the specifics of her recent travel remain unclear, Huang's extramarital affairs, combined with US intelligence assessments linking Alice Huang to Chinese intelligence, have prompted mounting questions about Nvidia's leadership and the potential impact of a foreign intelligence operation on the company.