Jensen Huang removed as Nvidia CEO after Chinese “spy” scandal and second alleged affair

The New York Post reports that Nvidia has removed Jensen Huang as CEO after reports of alleged affairs with a suspected Chinese intelligence asset and a company executive.

Nvidia has removed its co-founder Jensen Huang as chief executive following revelations of alleged affairs with a suspected Chinese intelligence asset and a company executive, the New York Post reports.

The decision followed an hours-long board meeting on Wednesday, days after the board had expressed confidence in him.

A New York Times report on October 29 said Huang had developed a “close relationship” with Alice Huang, no relation, whom US intelligence believes passed information to Beijing.

The Times later reported he also had an affair with Kimberly Powell, Nvidia’s vice president of health care.

In an email to staff, Huang said: “I was unfaithful to my wife. My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry.”

The FBI is investigating the relationship, while House committee chairs have asked Huang to appear for a closed-door briefing on November 18.

About $450 billion was wiped off Nvidia’s market value after the allegations.