Nvidia co-founder and former chief executive Jensen Huang had a third alleged affair with an employee at the artificial-intelligence company, according to a new report.
Reuters reported the claim less than a day after The New York Times detailed an alleged relationship between Huang and Kimberly Powell, Nvidia’s vice president of healthcare.
Huang, who married his wife, Lori, in 1985, has also been linked romantically to Alice Huang, a woman unrelated to him whom US officials suspect of having ties to Chinese intelligence.
Authorities fear Alice Huang may have helped transfer Nvidia’s advanced chips to Beijing after Washington prohibited the company from selling the technology to China on national-security grounds.
The 63-year-old technology executive stepped down as Nvidia’s leader earlier Thursday, following a Wall Street Journal report that the board was seeking his departure.
Both of Huang’s children are employed by Nvidia. Earlier this week, he issued a public apology to Lori over his alleged infidelity.
He wrote: “I was unfaithful to my wife. My actions hurt her and our children. There is no excuse for what I did.”
“To my wife and family: I love you. I know an apology cannot undo what I have done. I hope our family will heal and that, over time, I can earn back your trust.”
Former Nvidia CEO Jensen Huang is pictured with his wife, Lori, earlier this year
Nvidia shares fell by more than 5 percent Thursday, reaching $164.25.
The stock has lost roughly 14 percent over the past week as reports about Huang’s alleged affairs and the spying allegations have intensified.
“Jensen’s contributions to Nvidia are profound,” the company said in a statement announcing his resignation.
“Nvidia is one of the most consequential technology companies in the world. The Board and the company thank Jensen for his immeasurable contributions to the company and the industry.”
Although the allegations placed his leadership under severe pressure, Huang is widely credited with transforming Nvidia into a global technology powerhouse. The company’s performance affects the wider US economy, along with retirement accounts and pension funds around the world.
Huang founded Nvidia in 1993, and the company went public six years later. It produces the highly advanced processors that power artificial intelligence systems, helping its value surge during the current AI boom.
An alleged relationship with Powell could have breached Nvidia’s employee conduct rules, which instruct staff to avoid situations in which personal relationships or other actions create conflicts of interest.
Two sources told The New York Times that Huang and Powell were recorded behaving affectionately at a hotel in San Jose, California, during an Nvidia conference in March.
The timing of Huang’s alleged relationship with Alice Huang remains unclear. However, reports claim she was openly discussing her close connection to the Nvidia leader as early as June 2024.
Sources told The Wall Street Journal that, during a computer-industry event in Taipei that month, Alice Huang invited Jensen Huang to join executives at a bar, where she reportedly highlighted their friendship.
“Jensen’s a great friend of mine,” she allegedly told the group before he arrived only minutes after receiving her message.
The AI executive appeared in his familiar leather jacket and spent time speaking with the assembled business leaders. A photograph reportedly showed him seated closely beside Alice Huang.
During another Taipei visit in May 2025, the pair were reportedly seen at a dinner where they kissed each other on the cheek and touched one another’s arms, according to the Journal.
Other photographs that emerged after the scandal allegedly show the Nvidia chief and Alice Huang raising wine glasses together and posing side by side with smiles.
US authorities began examining Alice Huang after her company, Megaspeed, was accused of circumventing sanctions to divert Nvidia AI chips to China.
Officials in Taiwan and Singapore have also investigated her suspected links to Chinese intelligence agencies.
Nvidia chief financial officer Colette Kress, who joined the company in 2013, will serve as interim leader while the board searches for a permanent successor.
Huang has also agreed to appear before Congress before Thanksgiving, according to Brian Mast, chairman of the House Foreign Affairs Committee.