Tsunami of revelations: Jensen Huang cheated even on his mistress! Nvidia is ousting him, yet Musk wants him!

Market anxiety ahead of the company's financial results

The microchip manufacturer is expected to announce its quarterly financial results on November 17. As Dec Mullarkey of SLC Management characteristically stated, the manner in which the company will handle next week's earnings conference call will be of extreme interest, pointing out that CFO Colette Kress can manage the numbers, yet markets will demand clear answers regarding changes in corporate governance.

The secret romance with a top executive and the hotel video

Jensen Huang, who was already under internal investigation by the board of directors over his relationship with a woman whom US intelligence characterizes as a Chinese spy, was simultaneously maintaining an extramarital relationship with an Nvidia executive who reported directly to him, according to testimonies from five former company employees to The New York Times. According to the same sources, the individual in question is Kimberly Powell, Nvidia's vice president of healthcare. The 63-year-old Huang and 48-year-old Powell are both married to other partners, while their relationship was an open secret and a topic of discussion within the company. Two of the informants revealed to the newspaper that the couple was caught on video in tender moments at a San Jose hotel last March, during GTC, Nvidia's annual developers' conference, at the very moment when other company executives were holding a meeting in an adjacent space. Three people briefed on the incident stated that a passerby recorded the scene on his mobile phone, with Huang's personal security tracking him down, isolating him, and offering him a non-disclosure agreement. The New York Times clarifies that it has not seen the video in question.

Huang's awkward reaction and the violation of the code of ethics

When the newspaper contacted Huang by phone on Wednesday and asked him about Kimberly Powell, he curtly replied that he did not believe they should be speaking to him directly and hung up, while Nvidia declined to make any comment. Nvidia's own internal regulations call on employees to avoid situations that create a conflict of interest, explicitly including personal relationships, while emphasizing that it immediately investigates allegations of improper conduct, at a time when many major companies explicitly prohibit relationships between executive officers and subordinates.

Free fall for the stock and ominous analyst forecasts

Investors reacted strongly in after-hours trading, sending Nvidia's stock down 8% from the close and to its lowest point since July 2025. Michael O'Rourke, chief market strategist at Jonestrading, stressed that the situation promises to be extremely difficult, reminding that Jensen had projected a 70% increase in sales this year, meaning that with his aggressive tactics and supplier financing, his successor will spend the next year putting out fires and cleaning up the mess. He added that if the allegations are confirmed by the independent investigation, his removal from the board of directors is a one-way street based on modern corporate governance standards, especially since it involves a recurring pattern of behavior, at a time when the odds of his resignation skyrocketed on the Polymarket platform.

Kimberly Powell's trajectory and the espionage case with Alice Huang

Kimberly Powell joined Nvidia in 2008 to integrate the company's graphics processors into medical imaging machines. According to her LinkedIn profile, she was promoted to senior director of artificial intelligence business development in 2016 and in late 2017 became vice president of healthcare, overseeing programs for applying the company's chips in higher education and health. She frequently represents the company at technology conferences worldwide, while in March at the GTC conference she spoke about the revolutionary applications of artificial intelligence in biology and health, even using slides featuring caricatures of Huang. As was revealed on October 29, US officials identified Alice Huang, a former executive of the Singapore-based company Megaspeed who bears no family relation to him, as an agent of Chinese intelligence after Nvidia's CEO grew very close to her, with Beijing denying the espionage claims. On November 8, Huang admitted to the relationship in an internal memo to staff, writing that he had been unfaithful to his wife, that his actions hurt her and their children, and that there is no excuse for what he did. On the same day, Nvidia's board of directors launched an independent investigation under the law firm Wachtell, Lipton, Rosen & Katz, clarifying however that there is no reason to believe national security or Nvidia's corporate secrets were compromised.

Jensen was cheating on the Chinese spy too?

— zerohedge (@zerohedge) November 11, 2026

Congress tightens the noose and a critical appointment on Capitol Hill

The revelations sparked a storm of reactions in Washington, with representatives and senators from both major parties demanding his resignation. Republican Senator Kevin Cramer reiterated on Wednesday his call for Huang to step down, stating on CNBC that for reasons of personal conscience he should resign, while similar pressure was exerted by Democratic Representative Suhas Subramanyam, a member of the House Oversight Committee, and Republican Don Bacon. Simultaneously, the Republican chairs of the House Foreign Affairs, Select Committee on China, and Intelligence committees summoned Huang to a closed-door briefing on November 18 regarding his contacts with Alice Huang (or Huang Le in Chinese), giving him a deadline to respond by November 11. Foreign Affairs Committee Chairman Brian Mast declared he was ready to issue a subpoena against Huang if he did not respond by Wednesday, the exact same day the revelation regarding Powell broke. Investors are already in turmoil, as Nvidia's stock had also retreated on November 9 following the announcement of the board's investigation, with the company announcing third-quarter results on November 17, just one day before Huang's scheduled appearance on Capitol Hill.

Lifeline from Elon Musk to Jensen Huang

With Jensen Huang's future at Nvidia hanging by a thread, one of the most powerful businessmen on the planet, Elon Musk, appears ready to open the door for him and bring him into his companies, stating that it would be an honor for him to hire him and triggering new scenarios for the next day of the man synonymous with the global artificial intelligenceboom. The intervention came via the platform X, when the financial website Zerohedge addressed Musk asking him to hire Jensen. The response from the SpaceX founder and Tesla chief was immediate and curt, stating that doing so would be an honor. This statement takes on particular weight as Nvidia faces the gravest leadership crisis in its history, with its board of directors weighing Huang's ouster following revelations of two extramarital affairs, one of which involves a woman allegedly recruited by Chinese intelligence services.

Severe tremors on Wall Street and free fall for Nvidia's stock

The rapid developments caused severe tremors on Wall Street, with Nvidia's stock, which had closed Wednesday's session at 173.73 dollars with a gain of 2.87%, retreating in after-hours trading to 158.78 dollars, recording losses of 8.61%. The drop accelerated following the Wall Street Journal report that the board of directors is preparing to remove Huang, preceded by The New York Times revelation regarding his second extramarital affair with a high-ranking company executive, with CNBC confirming that the board is convening to decide the CEO's future.

Scenarios of jumping ship to xAI and the technological value of Jensen Huang

Musk's statement does not constitute an official job offer, nor is there any information that relevant talks have taken place; however, it highlights the immense value Huang continues to hold for the tech world, despite the scandal threatening to end his multi-year tenure at Nvidia. Musk maintains a strong presence in artificial intelligence through xAI, while Teslainvests heavily in autonomous driving, robotics, and computing power infrastructure, making Huang's experience in designing advanced processors and managing a global tech ecosystem an extremely valuable asset. A potential collaboration between the two men would be of particular interest, given that Musk's companies rank among the largest consumers of computing power for developing artificial intelligence applications, although for now everything remains at the level of a public statement.

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