Nvidia chief executive Jensen Huang faces fresh scrutiny after reports of a second extramarital relationship, with the company’s board reportedly considering whether to remove him from the business he co-founded.
The Reuters report on 11 November 2026 cited the Wall Street Journal as saying that Nvidia’s board was preparing to decide Huang’s future, potentially meeting as soon as Wednesday. Reuters said it could not independently verify the reports. As of this report, no dismissal or resignation has been confirmed.
Second alleged relationship involves Nvidia executive
According to Reuters, the New York Times reported on Wednesday that Huang had an extramarital relationship with Kimberly Powell, identified as Nvidia’s vice-president of healthcare. The Times cited five people who had worked at the company, Reuters said. The alleged relationship involved an executive reporting to Huang, raising possible questions about senior-management oversight and conflicts of interest.
The account remains a reported allegation rather than an independently established finding. Neither Huang nor Powell should be treated as having confirmed the alleged relationship, and Reuters said Nvidia had not immediately responded to its request for comment.
Why Nvidia’s board is under pressure
The second report comes days after Huang acknowledged being unfaithful to his wife following separate claims concerning Alice Huang, a former executive linked to Singapore-based AI infrastructure company Megaspeed. Alice Huang is not related to Jensen Huang.
US officials have reportedly suspected Alice Huang of involvement in a Chinese intelligence operation and chip transfers involving China. China has rejected the espionage accusations. There has been no public finding that Jensen Huang knowingly assisted espionage or unlawfully transferred technology.
On 8 November, Nvidia announced an independent investigation by directors supported by outside legal counsel. Crucially, its statement said it had no reason to believe national security or company secrets had been compromised and expressed confidence in Huang and his leadership team. That was the board’s confirmed position at the time; subsequent reports about potential removal have not been accompanied by a confirmed board decision.
Shares fall as investors assess leadership uncertainty
Nvidia shares were down around 8% in after-hours trading on 11 November as the latest reports circulated, according to Reuters. That is an after-hours market movement, not a confirmed closing-price change. The company had also experienced sharp volatility earlier in the week amid the China-related allegations.
Huang co-founded Nvidia in 1993 and has become central to the company’s development of the processors that underpin much of the artificial intelligence industry. Any departure would therefore raise questions about succession, relationships with customers and future strategy, although it would not by itself mean Nvidia’s products or operations would cease.
What is confirmed and what remains unknown
- Confirmed: Huang acknowledged marital infidelity, and Nvidia announced an independent review on 8 November.
- Reported but not independently verified by Reuters: a second affair involving Kimberly Powell, and the board preparing to consider Huang’s removal.
- Not confirmed: whether the board has voted to dismiss Huang, whether a replacement has been selected or whether either alleged relationship resulted in wrongdoing involving company information.
- Still disputed: the espionage allegations concerning Alice Huang and any suggestion that Nvidia secrets or US national security were compromised.
The distinction matters. Allegations about private relationships do not automatically establish breaches of law or company policy. However, claims involving a senior executive or possible national-security concerns can raise legitimate questions about governance and oversight.
Earlier Fish 4 News coverage
This is a developing follow-up to Nvidia Loses $430bn as Board Investigates CEO Jensen Huang Over Alleged Spy Links. That report examines the earlier market losses, the independent investigation and the disputed allegations surrounding Alice Huang.
