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Nvidia’s board of directors was meeting on Wednesday to discuss the future of Jensen Huang, the chief executive of Nvidia, according to two people with knowledge of the situation, after revelations that he had an affair with an executive who reports to him as well as with a woman whom U.S. intelligence has identified as a Chinese spy.
Nvidia didn’t immediately respond to a request for comment.
Mr. Huang’s potential exit would open an uncertain chapter for Nvidia, the premier maker of artificial intelligence chips, and would have widespread ripple effects. The Silicon Valley firm is a linchpin of the A.I. boom and one of the world’s most valuable public companies, controlling an estimated 90 percent of the market for the computer chips used in the big A.I. projects that are driving the U.S. economy.
That dominance has made Mr. Huang one of the wealthiest people in the world, as well as an ally of President Trump. Mr. Trump was previously informed about Mr. Huang’s relationship with the woman believed to be a Chinese intelligence asset but took no action. He has defended Mr. Huang over the past week, calling him an “honorable man” who did not know the woman was a Chinese agent.
Few Silicon Valley executives, with the exception of Tesla’s Elon Musk and Apple’s Steve Jobs, have been as synonymous with their companies as Mr. Huang, 63. He manages all aspects of Nvidia’s business as chief executive, and his family members have steadily risen through the company’s ranks. He is also Nvidia’s largest individual shareholder with a 3.56 percent stake. He has had such a tight grip on the company that there is no clear successor.
Public scrutiny of Mr. Huang began after The New York Times first reported last month that American intelligence agencies had discovered that he had developed a close relationship with a Chinese citizen and chip buyer, who U.S. officials concluded was gathering intelligence for Beijing.
The chip buyer was Alice Huang or Huang Le, whose biography said she worked in China as a TV reporter before becoming a top executive at a Singapore-based data center company that had become one of Nvidia’s biggest customers in Southeast Asia. It bought more than $4.8 billion in chips since June 2024.
China has denied the espionage claims. Ms. Huang has not responded to requests for comment.
On Wednesday, The Times reported that Mr. Huang also had an extramarital relationship with an executive who reports to him. Under Nvidia’s code of conduct, employees are told to “avoid situations where our actions create conflict” including “personal relationships,” and the company states that it “promptly investigates reports of misconduct.” Many corporations have policies against managers having relationships with subordinates.
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Few Silicon Valley executives have been as synonymous with their companies as Jensen Huang, the co-founder and chief executive of Nvidia. Credit…Manuel Orbegozo for The New York Times
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