Former Nvidia chief executive Jensen Huang had an intimate relationship with a second Nvidia employee, two sources told Reuters on 12 November. The allegation is the third relationship linked to Huang in less than two weeks. The woman has not been named, and her role at the company has not been disclosed. Reuters could not reach her for comment.
The allegation emerged on the same day Nvidia said Huang had stepped down after 33 years as chief executive. Chief financial officer Colette Kress became interim chief executive while keeping her finance role. Harvey C. Jones, a former Synopsys chief executive who has sat on Nvidia’s board since 1993, was named the company’s first chair.
Jensen Huang’s earlier admission and the Kimberly Powell allegation
Huang admitted on 8 November that he had been “unfaithful” to his wife, Lori Huang, in a letter to Nvidia staff that the company also issued as a press release. He apologised and said the board had opened an independent investigation, which he supported. The letter did not name anyone or say how many relationships were involved.
The admission followed weeks of scrutiny over Huang’s ties to Alice Huang, an executive at Singapore-based data centre company Megaspeed. US and Singapore authorities investigated Megaspeed in 2025 over suspected breaches of chip export controls. Claims that US officials suspect Alice Huang of working for China’s Ministry of State Security have not been confirmed, and she has not commented publicly. Nvidia said on 29 October that Huang’s meetings with her were “not unusual or unexpected” for a chief executive.
On 11 November, five former and current Nvidia staff alleged that Huang had a relationship with Kimberly Powell, the company’s vice president of healthcare, who reports directly to him. That allegation remains unconfirmed. Nvidia, Huang and Powell have not commented on it.
Nvidia shares fall as Congress seeks Huang’s testimony
Nvidia shares fell as much as 14% at the open on 12 November, their lowest level since June 2025. The stock recovered part of the loss and closed at $166.19, down 4.34%. The fall cut Nvidia’s market value from $4.498 trillion to $4.005 trillion. Shares had already dropped more than 5% on 9 November, the first trading day after Huang’s letter.
Three House committee chairs, John Moolenaar, Brian Mast and Rick Crawford, asked Huang on 5 November for a closed-door briefing. Mast later said Huang had agreed to testify before Thanksgiving after being warned of a subpoena. No date has been set. Rosen Law Firm has filed a proposed class action on behalf of Nvidia shareholders.
As we covered in our report on Jensen Huang’s resignation as Nvidia chief executive, the board met on 11 November before announcing the change. Our profile of interim chief executive Colette Kress covers her 13 years as finance chief. Nvidia has not said whether the board investigation will examine the new allegation, or whether Huang will keep any role at the company. Elon Musk said on 12 November that hiring Huang “would be an honour”.
