Nvidia looking to replace CEO Jensen Huang amid 'spy' scandal: Report

Trump administration aware of plans to oust Nvidia CEO Jensen Huang: Report

Nvidia's board of directors is preparing to discuss the future of Chief Executive Officer Jensen Huang, with the Trump administration aware of plans to remove him from the position, a CBS News reporter said in a post on X.The reported developments follow revelations about two alleged extramarital relationships involving the 63-year-old executive, one of which involved a businesswoman suspected by US intelligence officials of having links to Chinese intelligence services.The Wall Street Journal, citing people familiar with the matter, reported that Nvidia's board was preparing to meet as early as Thursday to discuss Huang's future at the company.The New York Times separately reported that Huang had an extramarital relationship with Kimberly Powell, Nvidia's vice president of healthcare, who reports directly to him. Citing five people who worked at the company, the newspaper said the relationship had not been previously reported.According to the report, Huang and Powell, 48, were captured on video behaving affectionately at a hotel in San Jose, California, during an Nvidia conference in March.

Powell joined Nvidia in 2008 and oversees programmes focused on applying the company's chip technology to higher education and healthcare, particularly medical imaging devices, according to Nvidia's website.The reported relationship has also raised questions about the company's workplace policies. Nvidia's code of conduct asks employees to "avoid situations where our actions create conflict", including "personal relationships".

The company also states that it "promptly investigates reports of misconduct", The New York Times reported, noting that several corporations have policies restricting relationships between managers and their subordinates.The latest revelations follow scrutiny of another reported relationship involving Huang and Alice Huang, a Chinese businesswoman associated with Singapore-based data company Megaspeed, a major Nvidia customer.

US intelligence officials had identified her as an alleged Chinese intelligence asset.This was the relationship Huang acknowledged in a letter to Nvidia employees on Sunday. In the letter, he admitted being unfaithful to his wife and apologised for violating their trust.Following the acknowledgement, Nvidia's board reportedly launched an investigation into the matter, led by law firm Wachtell, Lipton, Rosen & Katz, according to The New York Times.The board was also considering Huang's position in light of the revelations involving both relationships, including the allegations concerning a possible connection to Chinese intelligence.Huang co-founded Nvidia in 1993 and has transformed the company into a leading supplier of artificial intelligence chips, becoming one of the most prominent figures in the global AI industry.