Anonymous sources state that NVIDIA's board of directors is preparing to discuss the future of CEO Jensen Huang, with a meeting potentially held as early as the day the news was released. There are currently no signs that the board has made a decision, and NVIDIA did not immediately respond to requests for comment.
This undisclosed board arrangement has been linked by the media to allegations of a second extramarital affair involving Jensen Huang. Sources suggest the other party may be Kimberly Powell, NVIDIA's Vice President of Healthcare who reports to Huang; both are married. Anonymous sources also claimed that the two were photographed together at a hotel in San Jose during NVIDIA's GTC developer conference in March this year, although the media outlet that broke the story did not see the alleged video.
Jensen Huang has previously admitted to another extramarital affair with an executive from Megaspeed, a woman who is also facing espionage-related allegations. However, these claims should not currently be considered confirmed conclusions by judicial authorities or corporate investigations.
Reports indicate that NVIDIA has hired former U.S. Attorney Joon H. Kim and his law firm to handle the investigation, but the board may not wait for the results before taking action. Following the release of this news, NVIDIA's after-hours stock price dropped more than 7%.