After a horrendous first half of the week for the company, NVIDIA continues its string of bad luck after a new report alleges that CEO Jensen Huang engaged in a second extramarital affair with an executive within the company. As a result, the company is reportedly preparing to oust Huang from his position.

Early this week, a bombshell of an allegation implicated Huang in an extramarital affair with a supposed agent of Chinese intelligence. Soon after, Huang admitted to having an affair but declined to comment about the spy allegations. Because of his admission, NVIDIA decided to start an internal investigation into Huang’s activities but remained confident in Huang’s ability to continue leading the company.

Though the investigation has not concluded yet, a new report is further rocking the company. According to The New York Times, the same outlet that first reported on the Chinese spy allegations, Huang  was involved in a second extramarital affair with Kimberly Powell, NVIDIA’s vice president of healthcare products. She reports directly to Huang.

Based on the Times report, bystanders caught the couple being intimate in public but were offered to sign an NDA about what they saw. Both Huang and Powell are notably married.

After the recent findings, NVIDIA’s board reportedly met to discuss Huang’s future, according to the Wall Street Journal. The board of directors is supposedly preparing to fire Huang. The CEO’s controversies have caused the company’s stock value to drop. The problem, however, is that Huang does not have a clear successor, leading the company into potential limbo once he’s ousted.

SEE ALSO: NVIDIA CEO admits to having an affair with alleged Chinese spy

In one of the craziest headlines this year, NVIDIA CEO Jensen Huang has admitted to having an affair with an alleged Chinese spy.

Over the weekend, a heavy allegation claimed that the NVIDIA CEO had a relationship with a person actively involved in Chinese intelligence. Since Huang is involved in business globally, the accusation isn’t a light one. In fact, it’s serious enough that Huang admitted to the affair late this past Sunday.

In an internal letter reported by Associated Press, the CEO acknowledged the existence of the affair with a business executive. Of note, Huang did not confirm the executive’s ties to Chinese intelligence. NVIDIA, however, will conduct its own investigations regarding the allegations. Despite the allegations, Huang will remain as the company’s CEO. The company is also confident that the alleged spy did not compromise NVIDIA’s secrets.

According to The New York Times, the executive, Alice Huang, was reportedly feeding information back to Beijing, despite being an executive of the Singapore-based Megaspeed, which is already a serious customer of NVIDIA.

Now, NVIDIA is currently in a prime position when it comes to the industry today. Formerly a huge proponent of gaming peripherals, the company is now one of the biggest names in AI hardware, allotting a lot of its products for data centers. Huang’s allegations come at an interesting time.

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