Nvidia Board of Directors Preparing to Oust CEO Jensen Huang

The Nvidia board of directors is preparing to dismiss CEO Jensen Huang following allegations and reports regarding an extramarital affair.

The Nvidia board of directors is reportedly preparing to remove CEO Jensen Huang from his position. Reports published by The Wall Street Journal and The New York Times indicated that allegations of an extramarital affair involving Huang played a significant role in this decision.

According to a report by The New York Times, the second person alleged to be involved is Kimberly Powell, the vice president of healthcare at the company who reported directly to Huang. It was claimed that the two were seen behaving inappropriately at the GTC developer conference in March.

The Wall Street Journal reported that Nvidia's board of directors will meet to discuss Huang's future at the company. Nvidia and Huang confirmed the relationship and the ongoing investigation last week. The company hired former U.S. Attorney Joon H. Kim and the law firm Wachtell, Lipton, Rosen & Katz to manage the process.