Nvidia CEO Huang job on the line after affair with alleged Chinese spy

The board of US-based AI chip maker Nvidia is meeting to decide whether to oust CEO Jensen Huang due to reports of two extramarital affairs.

This is a dramatic shift from a meeting Sunday when Nvidia's board expressed confidence in Huang and his leadership team.

The Wall Street Journal reported that the board of tech giant Nvidia, was meeting to determine whether it will oust Huang as chief executive.

The New York Times reported Huang has embroiled Nvidia in scandal this week with the revelation he had a relationship with a woman alleged to be a Chinese spy

as well as having a relationship with Nvidia executive Kimberley Powell.

Powell joined the company in 2008 and heads the company's healthcare business.

The Times report says Huang and Powell were seen being affectionate at a hotel during a company conference in March, and reportedly when a bystander took a photo of the interaction,

a security guard "sequestered them" and asked them to sign a nondisclosure agreement.

Last month, The Times reported that US intelligence services believed that former Megaspeed executive Alice Huang may have acted as an intelligence asset,

sharing information with Beijing, something the Chinese Ministry of Foreign Affairs has strongly denied.

In a statement Sunday, Jensen Huang apologised to his family and Nvidia employees for having an affair, though he did not name with whom.

The board said in a statement, "While the Board has no reason to believe that either national security or Nvidia secrets were compromised, the Board's inquiry

will examine all available information."

Nvidia's stock price slid more than 8 percent in extended trading after the Wall Street Journal first reported that company was preparing to fire Huang.

If those losses hold, Nvidia will have lost about 600 billion US dollars.