Nvidia may lose Jensen Huang. The repercussions reach far beyond chips.

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Jensen Huang's days appear to be numbered.

That's the sentiment following a report of another affair, this time with one of his direct reports. Kimberly Powell, Nvidia's vice president of healthcare, had an extramarital relationship with Huang, according to a New York Times report on Wednesday that cited five company sources.

It's the second report of Huang cheating on his wife of over 40 years, Lori. The first was Alice Huang, who has been an executive for Megaspeed, an Nvidia customer. The Times reported last month that US intelligence officials believed she was passing information to Beijing.

Now, The Wall Street Journal reports that Nvidia's board, which was already planning an investigation into Huang, is preparing to remove him. We've compiled what top business and tech executives are saying about the news.

It's a shocking turn of events considering how a Huang ouster was considered a long shot just a few days ago. Early this week, prediction markets had the odds of him leaving before the end of 2026 below 20%. Now, the bet is less on if he'll go and more on when he'll go.

When I met with Brian Mulberry, chief market strategist at Zacks Investment Management, on Wednesday morning, he put the chances of Huang getting completely removed from Nvidia at 5-10%.

"You have to handicap stuff that's really hard to handicap, right?" Mulberry told me. "But he is such a big part of whatever happens next with Nvidia, just like Elon is with Tesla and SpaceX, that it could be incredibly disruptive."

But exactly how disruptive? And to whom? Let's get into it:

Nvidia: Tech bull Dan Ives previously said Huang's departure would shave 30% off Nvidia's stock price. The issue isn't just Huang's massive profile in the AI ecosystem. There's also no clear successor waiting in the wings. That could force the board to look outside its own ranks.

Huang: The leather-jacket-toting executive's image has certainly taken a hit. But three decades spent building Nvidia into the king of the AI trade has built him enough goodwill with some. Elon Musk said it would be "an honor" to hire Huang if he gets pushed out.

China: In a race, sometimes it's less about speeding up and more about the leader stumbling. That's the current situation in AI. Chaos at Nvidia, a key asset for the US, is a chance for China to close the gap.

The AI trade: AI-related volatility has been the name of the game in the market for a while. But removing arguably the highest-profile executive from his seat creates a different type of turbulence. Or does it? The broader market was up on Monday after initial reports of Huang's affair and spy scandal. Was that because investors thought Huang would survive, or a sign that the wider market's resilience is greater than that of one larger-than-life CEO?

Anthropic's IPO: Entering the public market isn't something you want to do when the water is choppy. One of the world's largest companies unexpectedly replacing its CEO won't keep things smooth. Bonus points if the aforementioned company is also participating in the $26 billion private placement you're running alongside your IPO.

Tech relationships: Huang potentially getting caught in a honeypot could have everyone else in the tech industry second-guessing their romantic partners. (Don't worry, I'm sure it's your personality and not your access to GPUs that she's into.)

Grand Theft Auto 6: Who would have guessed that before the game's long-awaited release we'd potentially get one final submission to its long-running meme: We got a new Nvidia CEO before GTA 6.