What happened
The Wall Street Journal reports that Nvidia's board is preparing to dismiss CEO Jensen Huang. The news comes days after the New York Times published a report alleging a second extramarital affair.
Details of the allegation
According to the Times, the person involved is Kimberly Powell, Nvidia's vice president of health care, who reports to Huang. The newspaper says the two may have been captured on video "being affectionate" during Nvidia's GTC developer conference in March.
Board to meet
The Journal reports that Nvidia's board will meet as soon as today to decide on Huang's future at the company. The development follows Huang's earlier admission of a separate affair with a woman alleged to be a Chinese spy.
Why it matters
Nvidia is the largest supplier of AI chips. A change at the top would matter not only to Nvidia but to the entire industry and investors who depend on its AI infrastructure.
