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Corruption & Accountability · Report · File No. 261112-840

Report: Nvidia CEO Huang had second affair, with an executive; board to meet

The New York Times reports Jensen Huang had a relationship with a senior Nvidia executive who reports to him. The company's board was reported to be meeting on his future, and the stock fell sharply after hours.

By the Investigations Desk · · 2 min read

Every quote in this story (1) was matched word for word against its source. How we work

My clippings
Jensen Huang
Jensen Huang. Photo: Anderseidesvik, CC BY-SA 4.0

Shares of Nvidia fell sharply in after-hours trading Wednesday after The New York Times reported that CEO Jensen Huang had a second affair, this time with a senior executive who reports to him 12. Nvidia's board was reported to be meeting Wednesday night to discuss Huang's future 2.

The Times, citing five people who worked at Nvidia, reported that Huang, 63, had a relationship with Kimberly Powell, 48, the company's vice president of health care 12. NBC News said it has not confirmed the Times report. It also said it has not confirmed that the board was meeting 2.

On tapeNBC News · Nov 12
NBC News report on the New York Times account of a second extramarital relationship involving Nvidia's CEO and a company executive.Video: NBC News on YouTube, “NYT reports Nvidia CEO had second extramarital relationship”. It plays from YouTube when you press play.

What the board is weighing

The Wall Street Journal first reported the board's plans, citing people familiar with the matter 2. Nvidia shares fell nearly 7% in after-hours trading as of 7 p.m. ET Wednesday 1.

If that drop carried into regular trading at 9:30 a.m. Thursday, NBC News said, it would erase almost $400 billion in value 2. Huang founded Nvidia and has led it since 1993. He has taken it from nothing to a valuation of more than $4 trillion 2.

From Channel GOPSchumer: Trump took $25 million from NvidiaSen. Chuck Schumer · 254 plays · captioned, with the source named

The earlier affair

The new report follows reports in recent days that Huang was involved with a woman suspected of being a Chinese spy 2. NBC News reported that officials believe that woman, Alice Huang, was a Chinese intelligence operative 2. China has denied the allegations. It called them “purely unsubstantiated and directed at smearing China” 2.

Huang wrote to employees on Sunday that he had been “unfaithful to his wife,” though he did not give details 2. Axios described that as a confirmation in a company email that he had been unfaithful in his marriage 1. The spy allegation remains an allegation, and China denies it 2.

On tapeBloomberg Television · Nov 11
Nov. 11: Bloomberg reports the Wall Street Journal's account that Nvidia's board is preparing to oust Huang.Video: Bloomberg Television on YouTube, “Nvidia Preparing to Oust CEO Jensen Huang: WSJ”. It plays from YouTube when you press play.
Jensen Huang
unfaithful to his wife
Jensen Huang, CEO of Nvidia, in a note to employees as reported by NBC News2

Why it matters

Peter Jaworski, a business ethics professor at Georgetown University, said it will be hard for Huang to keep his job after this 1. Axios said how Nvidia handles the growing scandal could have effects far beyond its own walls 1.

That matters because Nvidia chips are the cornerstone of the artificial intelligence (AI) boom. They power all of the top developers, from OpenAI to Anthropic 2. Huang is among the most important people underpinning that boom and the trillions of dollars that tech giants are investing in it 2.

The reporting leaves open several questions. It does not say what the board decided or whether Huang will stay. Nvidia's regular trading session opens at 9:30 a.m. Thursday, when investors will see whether the after-hours drop holds 2.

The Record

  1. Jensen Huang founded Nvidia and has led it since 1993 2.
  2. Huang told employees in a note that he had been "unfaithful to his wife" 2.
  3. The New York Times reported a second affair, with an executive who reports to Huang; the board was reported to be meeting and shares fell nearly 7% after hours 12.
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Sources

  1. Axios, “Nvidia sinks after report implicates CEO Jensen Huang in 2nd affair” (2026-11-11). axios.com/2026/11/11/nvidia-jensen-huang-affair-shares
  2. NBC News, “Nvidia shares drop after hours amid reports of meeting over CEO Jensen Huang’s future” (2026-11-11). nbcnews.com/business/business-news/nvidia-shares-drop-hours-

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