Updated

Nvidia's board is meeting late Wednesday to consider removing co-founder and chief executive Jensen Huang after reports of an affair linked to a Chinese spy investigation. Nvidia co-founder Jensen Huang has been drawn into a China spy scandal involving an alleged honey trap. France 24 reported that Huang admitted to an extramarital affair with Singapore-based Chinese tech CEO Alice Huang, who is no relation. Alice Huang is under scrutiny over purchases of Nvidia chips that may have been smuggled, and China has accused her company of exploiting a vulnerability at the heart of Nvidia. France 24 reported that reports of two extramarital affairs are now circulating, and that the board's meeting is set for late Wednesday. Deutsche Welle, citing US media reports, said the board was preparing to push Huang out, and the reports say the prospect is fuelling a market sell-off. No official Nvidia statement confirming a leadership change had been issued at the time of the reports.