Nvidia's board is reportedly preparing to remove CEO Jensen Huang from his position following allegations of a second extramarital affair, according to the Wall Street Journal. The alleged affair involved Kimberly Powell, Nvidia's vice president of healthcare.
This follows an earlier report of Huang's alleged affair with a suspected Chinese spy. Nvidia shareholders have filed a lawsuit in California claiming they were misled about Huang's alleged affairs. The company's stock has declined following the reports.
Other publications report the board is weighing whether to remove Huang, though the Wall Street Journal specifically states preparation for his ouster. Elon Musk has publicly offered to hire Huang if he is ousted from Nvidia. Epic Games CEO Tim Sweeney called for Huang's job to be saved.