Nvidia co-founder and CEO Jensen Huang has resigned after 33 years leading the artificial intelligence chipmaker, as a growing infidelity scandal now involves three women, including one suspected of having ties to Chinese intelligence. The controversy began with revelations about Huang’s relationship with Alice Huang, a former executive at Singapore-based Megaspeed International, whom U.S. intelligence officials reportedly suspect of connections to China’s Ministry of State Security. Huang publicly acknowledged an extramarital affair and apologized to his family and employees. Additional reports subsequently linked him to Kimberly Powell, Nvidia’s vice president of healthcare, before Reuters revealed on November 12 that Huang allegedly had another intimate relationship with a second Nvidia employee whose identity has not been disclosed. While three women have now been linked to the controversy, Huang has publicly acknowledged only one affair. The scandal has triggered shareholder litigation, an independent board investigation and congressional scrutiny over potential national security risks. Nvidia shares previously fell 4.27% on November 9, erasing approximately $192 billion in market value. Following Huang’s departure, Nvidia appointed longtime Chief Financial Officer Colette Kress as interim CEO, while Harvey C. Jones became chairman of the board.
Third Woman Emerges as Reuters Reveals Another Alleged Nvidia Employee Relationship
The controversy surrounding Jensen Huang intensified on November 12, when Reuters reported that the former Nvidia CEO had an intimate relationship with another company employee.
According to two people familiar with the matter, the relationship involved a woman whose identity Reuters chose not to disclose.
The revelation followed earlier reports involving Alice Huang, the businesswoman suspected by U.S. intelligence officials of having connections to Chinese intelligence, and Kimberly Powell, an Nvidia healthcare executive.
The three reported relationships have raised separate questions about Huang’s personal conduct, corporate governance and potential national security exposure.
However, the level of confirmation differs between the allegations.
Huang publicly admitted to an extramarital affair on November 8 but did not identify the woman involved. Reuters reported the additional employee relationship based on two sources familiar with the matter. Nvidia declined to comment, and Huang did not respond to Reuters’ request for comment.
The third reported relationship adds to scrutiny surrounding Nvidia’s executive leadership at a time when the company faces legal challenges and an independent investigation.
Huang’s resignation was confirmed on November 12, with Colette Kress appointed interim CEO while Nvidia searches for a permanent replacement.
Importantly, allegations involving foreign intelligence activity remain unproven, and Nvidia has stated that it has no reason to believe company secrets or U.S. national security were compromised.
