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Nvidia’s Board reportedly preparing to oust CEO Jensen Huang as second extra-marital affair emerges

Tom's Hardware · By Anton Shilov ·

Nvidia’s Board reportedly preparing to oust CEO Jensen Huang as second extra-marital affair emerges

The Brief · written from 25 sources

  • Nvidia's board is reportedly preparing to oust CEO Jensen Huang, per the Wall Street Journal, and could meet as soon as Wednesday to decide his future.
  • The New York Times reports a second alleged affair, with Kimberly Powell, Nvidia's VP of health care, who reports to Huang. Huang previously admitted an affair with a woman US officials reportedly believe is a Chinese spy.
  • The board is working with an outside firm to identify replacements and weighs naming a temporary CEO; some members favor CFO Colette Kress as interim CEO, per Semafor. Nvidia's stock fell after the reports.

Why it matters

Nvidia is a central supplier of AI chips, so a leadership change could affect its product direction and partners. Pepperstone's Chris Weston said he does not expect a change in leadership to derail the outlook for the company, since a new CEO would likely know the business well.

Who’s affected

  • Nvidia investors
  • Developers and companies relying on Nvidia AI hardware

Nvidia's Board of Directors is preparing to oust co-founder and chief executive Jensen Huang following revelations of two extramarital affairs, including one with a woman suspected of working for Chinese intelligence and another with an Nvidia executive , reports The Wall Street…

Read the full story at tomshardware.com ↗

Timeline

  1. Wall Street Journal reports Nvidia's board is preparing to oust Jensen Huang

  2. New York Times reports Huang had an extramarital relationship with Nvidia VP Kimberly Powell

  3. Techmeme

    Sources: Jensen Huang had an extramarital relationship with Nvidia's VP of healthcare, Kimberly Powell, who reports to him; it was discussed inside the company (New York Times)

  4. Bloomberg Technology

    Nvidia Preparing to Oust Jensen Huang After Affairs, WSJ Says

  5. Hacker News: Front Page

    Nvidia is preparing to oust Jensen Huang

  6. Techmeme

    Sources: Nvidia's board is preparing to oust Jensen Huang; it plans to meet as soon as Wednesday to determine his future (Wall Street Journal)

  7. Bloomberg Technology

    Huang Said to Have Had Affair With Nvidia Executive: NYT

  8. AI | The Verge

    Nvidia is reportedly preparing to fire Jensen Huang

  9. Bloomberg Technology

    Nvidia Working With Outside Firm to Identify CEO Candidates · +1 reply

  10. AI News & Artificial Intelligence | TechCrunch

    Nvidia’s stock drops as board reportedly preps to oust CEO Jensen Huang

  11. Bloomberg Technology

    Nvidia Board Meets on Huang’s Fate After Affair With Alleged Spy

  12. Latest from Tom's Hardware

    Nvidia’s Board reportedly preparing to oust CEO Jensen Huang as second extra-marital affair emerges

  13. Bloomberg reports the board is working with an outside firm to identify CEO replacements and weighs a temporary CEO

  14. Techmeme

    Source: Nvidia's board is working with an outside firm to identify possible replacements for Jensen Huang and weighs naming a temporary CEO during the search (Bloomberg)

  15. Bloomberg Technology

    Nvidia Working With Outside Firm to Identify CEO Options

  16. Bloomberg Technology

    Nvidia’s CEO Change Won’t Derail AI Trade: Pepperstone

  17. Bloomberg Technology

    Nvidia to Decide on Jensen Huang’s Fate

  18. Techmeme

    Sources: some Nvidia board members favor naming CFO Colette Kress interim CEO; an administration official says the board briefed the White House on its meeting (Semafor)

  19. AI News & Artificial Intelligence | TechCrunch

    Who could replace Jensen Huang? A highly unscientific list of possible successors

  20. Bloomberg Technology

    Will Nvidia Replace Jensen Huang as CEO? What’s Next for AI, Markets?: Live Q&A

  21. Bloomberg Technology

    What Could Come Next After Huang’s Ouster?

  22. Techmeme

    Sources: some Trump officials questioned Jensen Huang's push for Trump to allow more chip sales to China, even before his affair with Alice Huang became public (Wall Street Journal)

  23. Bloomberg Technology

    HSBC’s Kettner Sees Nvidia CEO Change Priced In

  24. Bloomberg Technology

    Nvidia Drama Triggers Difficult Search for Huang’s Successor

  25. Bloomberg Technology

    Nvidia Faces More Risks in Deal Pace Than Huang Exit, BI Says

  26. Techmeme

    AMD shares rose 4%+ after hours after closing up 7.3%, while Broadcom gained 2.4% after hours following a 4% gain, as Nvidia's board weighs ousting CEO Huang (Financial Times)

  27. Bloomberg Technology

    Elon Musk Says It Would Be an Honor to Hire Nvidia’s Huang

Full coverage · 25 sources

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    Nvidia’s Board reportedly preparing to oust CEO Jensen Huang as second extra-marital affair emerges – The Morning Dev