Huang Out: Nvidia boss resigns over affairs

The latest development is a report of a second affair involving Jensen Huang, with Nvidia vice-president of healthcare Kimberly Powell, who reported directly to him. Huang has resigned as chief executive after 33 years, leaving the chipmaker without an orderly leadership transition just days before its results.

The first reported affair was with Alice Huang, an executive at Nvidia customer Megaspeed whom US intelligence officials suspect of links to Chinese intelligence. Beijing has called the allegations baseless, and Nvidia has said it has no reason to believe its secrets or US national security were compromised. Analysts say Huang’s departure could affect investor confidence in the AI boom; Nvidia is expected to report revenue of $108.8bn, up nearly 91 per cent, on 17 November.