Jensen Huang resigns after reports of affairs and China-linked security concerns

Nvidia founder and chief executive Jensen Huang resigned after reports that he had relationships with a woman US officials suspect of spying for China, as well as two Nvidia employees. Huang acknowledged being unfaithful to his wife of 41 years in a letter to staff. The allegations have thrown the chipmaker into crisis and heightened concerns about corporate espionage and the security of the technology sector.

Huang led Nvidia for 33 years; the article says the company was valued at $4tn and that its shares fell after his resignation. Security experts describe personal relationships as a potential route for coercion or access to sensitive information, and say firms have investigated suspected “honeypot” operations. One corporate intelligence firm estimated it had conducted around a dozen investigations into such schemes over the past three years. China’s government denied involvement, while Nvidia did not comment on the allegations or when it learned of Huang’s relationship with the woman.