Nvidia CEO Jensen Huang linked to third alleged affair

Nvidia CEO Jensen Huang has reportedly been linked to a third alleged extramarital relationship with a woman who also worked at the technology giant, adding another development to the controversy surrounding the billionaire executive’s personal life.

According to a Reuters report, the unnamed woman was allegedly involved with Huang, 63, who has been facing scrutiny following separate reports about his relationships with other women. The latest claim emerged less than a day after The New York Times reported his alleged affair with Kimberly Powell, Nvidia’s vice president of healthcare.

Huang, who married his wife, Lori, in 1985, has also been linked to Alice Huang, a woman who is not related to him. US authorities have reportedly examined her alleged connections to China amid concerns about the possible diversion of advanced Nvidia artificial intelligence chips to Beijing.

The allegations have placed additional attention on Huang’s personal and professional life. Earlier this week, he publicly acknowledged being unfaithful to his wife and apologised to her and their children, admitting that his actions had caused them pain.

“I was unfaithful to my wife. My actions hurt her and our children. There is no excuse for what I did,” he said in his apology.

The controversy has also coincided with reports of significant developments at Nvidia. The company’s board announced Huang’s departure from the chief executive position on Thursday, although the circumstances surrounding the leadership change have attracted considerable attention.

Nvidia confirmed his departure in a statement, acknowledging his contribution to the company’s growth and the wider technology industry. Chief Financial Officer Colette Kress is expected to oversee the company on an interim basis while a permanent successor is considered.

The company has also faced market pressure amid the controversy. Nvidia shares fell more than five per cent on Thursday to $164.25, while its stock reportedly declined around 14 per cent over the preceding week.

Founded by Huang in 1993, Nvidia has become a major player in the global technology industry. Its advanced processors are widely used in artificial intelligence systems, making the company central to the ongoing AI boom.

Meanwhile, the allegations involving Alice Huang have attracted attention from US and Asian authorities. Her company, Megaspeed, has reportedly faced accusations of illegally diverting Nvidia AI chips to China in violation of US export restrictions. Investigations involving authorities in Taiwan and Singapore have also been reported.

Huang is also expected to testify before Congress before Thanksgiving, according to House Foreign Affairs Committee Chairman Brian Mast.

The latest reports have intensified scrutiny of the Nvidia chief’s personal relationships, corporate leadership and the separate allegations involving technology exports. However, the reported relationships and intelligence-related claims have not all been independently established.