Nvidia chief executive Jensen Huang is facing fresh allegations of infidelity as the chipmaker deals with fallout from claims that he had an affair with a businesswoman accused of being a Chinese spy.
Huang, 63, acknowledged in a Sunday memo to employees that he had an affair with a Chinese entrepreneur who is being investigated over allegations that she passed information to Beijing.
Now, five former Nvidia employees have told The New York Times that Huang also had an extramarital relationship with Kimberly Powell, 48, the company’s vice president of healthcare.
Two sources said the pair were recorded behaving affectionately at a hotel in San Jose, California, during Nvidia’s conference in March.
Huang and Powell later attended Nvidia’s GTC Conference in Berlin, Germany, in late October. Around the same time, Powell was seen displaying an engagement ring.
Both Huang and Powell are married to other people.
If confirmed, the alleged relationship would appear to breach Nvidia’s code of conduct, which instructs employees to “avoid situations where our actions conflict,” including conflicts involving “personal relationships.” The company also says it “promptly investigates reports of misconduct.”
After the allegations emerged, Nvidia shares fell about eight percent in after-hours trading. The stock has shed more than $300 billion in market value since reports surfaced about Huang’s affair with Alice Huang, the businesswoman accused of spying for China.
The Nvidia board is preparing to remove Huang as chief executive, people familiar with the matter told the Wall Street Journal.
Nvidia CEO Jensen Huang, pictured with his wife Lori, is facing a second set of cheating allegations
Five Nvidia employees said Huang had a relationship with Kimberly Powell, 48, the company’s vice president of healthcare
According to the sources, the board could meet as early as Wednesday to decide Huang’s future at the company.
Huang co-founded Nvidia in April 1993 and guided its transformation into one of the world’s most valuable companies.
President Donald Trump has praised Huang for his work on “superintelligence,” and the Nvidia chief has appeared alongside the president on several occasions.
Powell joined Nvidia in 2008 and advanced through a series of senior roles. Her LinkedIn profile states that she became senior director of artificial intelligence business development in 2016 before being named vice president of healthcare in late 2017.
Powell oversees initiatives applying Nvidia’s chip technology to higher education and healthcare, with a particular focus on medical imaging systems.
In March, Powell spoke at GTC, Nvidia’s annual developer conference in San Jose, about using artificial intelligence to advance healthcare and biology. Huang made an unexpected appearance on the stage during her presentation.
Sources told The Times that Powell and Huang were later seen behaving affectionately at a nearby hotel, where one bystander reportedly recorded them on a phone.
Huang’s security team noticed the person using the phone and reportedly isolated them before offering a non-disclosure agreement.
When The Times contacted Huang about his relationship with Powell, he responded, “I don’t think you should be talking to me directly,” before ending the call.
Huang and Powell attended Nvidia’s GTC Conference in San Jose in March and appeared together on stage raising a glass. Sources said they later behaved affectionately at a nearby hotel. Source: LinkedIn
Powell was seen promoting the GTC Berlin conference last month while displaying her engagement ring. Source: LinkedIn/Kimberly Powell
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The latest allegations come as Nvidia’s board investigates Huang’s relationship with Alice Huang, the businesswoman accused of being a Chinese spy. The inquiry is being conducted by the law firm Wachtell, Lipton, Rosen & Katz.
Separately, Republican leaders of three influential House committees have asked Huang to attend a closed-door briefing about his dealings with Alice Huang, the founder of Megaspeed.
It is not known when Huang and Alice Huang began their alleged relationship. However, reports say she was openly discussing her closeness to the Nvidia chief as early as June 2024.
At a computer industry trade show in Taipei that year, sources told the Wall Street Journal that Alice Huang demonstrated her connection to Huang by asking him to join executives at a bar.
She reportedly told the group, “Jensen’s a great friend of mine,” and Huang arrived only minutes after she sent him a message.
The artificial intelligence executive appeared in his signature leather jacket and spent time speaking with the executives. A photograph was taken showing him seated close to the alleged spy.
During another visit to Taipei in May 2025, Huang was again seen with Alice Huang at a dinner. The Wall Street Journal reported that the pair kissed each other on the cheek and touched one another’s arms.
Huang has admitted to an affair with Chinese businesswoman Alice Huang, and the pair were photographed together several times from 2024 onward
Images show the pair sitting closely together, raising wine glasses in a toast and smiling for photographs
Additional images released after the scandal show Huang and the alleged Chinese spy toasting with wine and smiling beside each other at various points during their reported relationship.
In early 2025, Alice Huang pitched an AI chip deal to investors based in China, claiming she could obtain Nvidia’s highly sought-after graphics processing units and highlighting her commercial ties to Alibaba, according to two investors who discussed the proposal with the Financial Times.
She was seeking funding for a Southeast Asian data-center project valued at several hundred million dollars but did not disclose her relationship with Huang.
US officials were separately briefed that Alice Huang was working for China’s Ministry of State Security in an effort to obtain information about American-made AI chips and potentially persuade Nvidia to supply its most advanced semiconductors to China, according to The New York Times.
The officials said the Megaspeed founder speaks English fluently and has connections with senior executives across the AI chip industry.
Washington also investigated Megaspeed over concerns that it may have helped smuggle hardware into China. As part of that inquiry, the government asked Nvidia to audit the company last year.
Nvidia initially said its hardware was fully accounted for. However, records obtained by Bloomberg News indicated that Megaspeed had imported 50,000 more chips than Nvidia identified at its data centers.
Nvidia said in December 2025 that it would return to Megaspeed’s data centers for another inspection, although it remains unclear whether that review took place.
At a 2024 computer industry trade show in Taipei, Alice Huang reportedly highlighted her close relationship with Nvidia founder Huang by calling him to a bar where executives were gathered. The pair are pictured at the event
As the controversy intensified, Nvidia and Huang were sued by shareholders on Monday.
The lawsuit alleges that the defendants misled investors about the affair before Nvidia shares fell 4.3 percent by Monday’s close, wiping roughly $190 billion from the company’s market capitalization.
Although Huang admitted to the affair, Nvidia said it was unaware of any investigations involving Megaspeed or Alice Huang. The company added that it had “no reason to believe that either national security or Nvidia secrets were compromised.”
Nvidia said it had opened an internal investigation to “examine all available information,” adding that Huang supported the move.
