Nvidia founder and former CEO Jensen Huang had a third alleged affair with an employee at the artificial-intelligence company, according to a report.

Reuters reported the relationship with the unnamed employee less than a day after The New York Times detailed Huang’s alleged affair with Kimberly Powell, Nvidia’s vice president of healthcare.

Huang, who married his wife, Lori, in 1985, has also been linked to Alice Huang, a woman unrelated to him whom US officials believe may have ties to Chinese intelligence.

US authorities fear Alice Huang helped transfer advanced Nvidia chips to Beijing after Washington barred the company from selling them to China over national-security concerns.

The 63-year-old technology executive stepped down as Nvidia’s chief earlier Thursday, following a Wall Street Journal report that the company’s board was preparing to remove him.

Both of Huang’s children work at Nvidia. Earlier this week, he issued a public apology to Lori for infidelity.

“I was unfaithful to my wife. My actions hurt her and our children. There is no excuse for what I did,” Huang said.

“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.”

Nvidia shares fell more than 5 percent Thursday, closing at $164.25.

The stock has lost roughly 14 percent over the past week amid reports of Huang’s alleged affairs and the espionage investigation.

“Jensen’s contributions to Nvidia are profound,” the company said in a statement announcing his departure.

“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 made his position untenable, Huang’s creativity and vision were widely credited with transforming Nvidia into a technology powerhouse whose performance affects the US economy, retirement accounts and pension funds around the world.

Huang founded Nvidia in 1993, and the company went public in 1999. It produces the highly advanced processors that power artificial intelligence systems, making it one of the biggest beneficiaries of the current AI boom.

An alleged affair with Powell would appear to breach Nvidia’s code of conduct, which instructs employees to “avoid situations where our actions conflict,” including conflicts involving “personal relationships.”

Two sources told The Times that Huang and Powell were filmed acting affectionately at a San Jose, California, hotel during an Nvidia conference in March.

It is not known when Huang’s alleged relationship with Alice Huang began. However, reports say she had openly spoken about her closeness to him as early as June 2024.

Sources told the Wall Street Journal that, during a computer-industry trade show in Taipei that month, she demonstrated her access to Huang by asking him to join executives at a bar.

She reportedly told the group, “Jensen’s a great friend of mine,” before he arrived just minutes after she texted him.

The Nvidia chief appeared in his trademark leather jacket and spent time speaking with the executives. A photograph taken at the bar showed Huang seated closely beside Alice Huang, who has been accused of spying.

During another visit to Taipei in May 2025, the pair were reportedly seen together at dinner. The Wall Street Journal said they kissed each other on the cheek and touched one another’s arms.

Additional images that surfaced after the allegations showed Huang and Alice Huang raising wine glasses in a toast and smiling together in other photographs taken during their reported association.

US authorities began investigating Alice Huang after her company, Megaspeed, was accused of illegally rerouting Nvidia AI chips to China in defiance of strict export controls.

Authorities in Taiwan and Singapore have also examined her alleged connections to Chinese intelligence services.

Nvidia Chief Financial Officer Colette Kress, who joined the company in 2013, will serve as interim chief executive while the board searches for a permanent successor.

Huang has also agreed to testify before Congress before Thanksgiving, according to Brian Mast, chairman of the House Foreign Affairs Committee.

Asked Thursday about Huang’s alleged relationship with Alice Huang, Attorney General Todd Blanche said it would be inappropriate for him to comment.