Nvidia reportedly preparing to fire CEO Jensen Huang

Nvidia’s board is set to convene as early as today to decide whether to dismiss chief executive Jensen Huang, the Wall Street Journal reports, after a New York Times story alleged a second extramarital affair.

The Times says the alleged partner is Kimberly Powell, Nvidia’s vice‑president of health care, who reports directly to Huang. Two unnamed sources told the Times that the married executives were seen together at a San Jose hotel during the company’s GTC developer conference in March, although the newspaper has not viewed any footage. An unnamed source told CNBC that rumours of a relationship had long circulated, partly because Powell lacks a health or science background.

Following the report, Nvidia’s shares dropped more than 7 percent in after‑hours trading on Wednesday, according to market data. The company has not responded to a request for comment from The Verge.

After Huang previously confirmed an affair with Megaspeed executive Alice Huang, who is alleged to be a Chinese spy, the firm said it retained former U.S. attorney Joon H. Kim and his firm Wachtell, Lipton, Rosen & Katz to manage the matter, but the new allegation appears to have prompted action before the investigation concludes. Wired reported that Huang hired crisis‑communications firm Heller last year, whose founder has advised figures such as former congressman Anthony Weiner and writer Jeffrey Toobin. Heller did not immediately respond to a request for comment from The Verge.