Nvidia board prepares to oust CEO Jensen Huang: Report

Nvidia’s board is preparing to oust CEO Jensen Huang following reports of two extramarital affairs, one involving a woman suspected of ties to Chinese intelligence, The Wall Street Journal reported Wednesday.

The board could meet as early as Wednesday to decide Huang’s future at the company, people familiar with the matter told the Journal.

Earlier Wednesday, The New York Times reported that Huang had an affair with Kimberly Powell, Nvidia’s vice president of healthcare, citing five people who worked at the company.

The reports came days after Huang acknowledged being unfaithful to his wife. Nvidia’s board is investigating whether he was targeted by a foreign intelligence operation.