Nvidia preparing to oust embattled chief Huang: report

Résumé détaillé

As Nvidia boss Jensen Huang's affair with a suspected Chinese spy continues to roil the business world, it has emerged he also had an affair with a subordinate.

Nvidia's board is preparing to oust CEO Jensen Huang after he had two extramarital affairs, including ‌one with a suspected Chinese spy, the Wall Street Journal is reporting.

The board is preparing to meet as ‌soon as Wednesday to determine his future, the report said.

Huang's potential departure would leave a leadership vacuum at the roughly $US4 trillion ($A5.8 trillion) chipmaker he co-founded and built over more than three decades to ‌become the dominant supplier of AI chips at the centre of the global artificial-intelligence boom and US-China technology rivalry.

The company's shares slid about eight per cent in after-hours trading. Including Wednesday's after-hours selloff, Nvidia has lost about $US600 billion ($A876 billion) in stock market value this week since the board announced its investigation.

"Huang being removed immediately could be challenging for Nvidia since it does not have a succession plan in place ... If Mr. Huang broke ‌the law or ‌violated company policies, ⁠the board is likely to act as soon as they have proof," Gil Luria, head ​of technology research at D.A. Davidson, said.

Earlier in the day, the New York Times reported that Huang had an extramarital affair with a company executive who reported to him.

The relationship was with Kimberly Powell, Nvidia's vice president of healthcare, the New York Times said, citing five people who worked at the company.

When reached by phone Wednesday and asked about his relationship with Powell, Huang said, "I don't think you should be ⁠talking to me directly." He then hung up, the New York Times ‌reported.

Nvidia and ​Powell did not immediately respond to requests for comment. Reuters could not immediately verify the reports.

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