Jensen Huang resigns as Nvidia chief amid scrutiny of alleged affairs

Jensen Huang has resigned as Nvidia chief executive after reports about alleged extramarital relationships, including one with Alice Huang, a Megaspeed executive whom US officials suspect of spying for China. The case has drawn scrutiny because Megaspeed has bought billions of dollars’ worth of Nvidia chips, while the United States restricts sales of its most powerful AI chips to Chinese entities.

Nvidia said its board accepted Huang’s resignation on Wednesday, with chief financial officer Colette Kress taking on the interim CEO role while continuing as CFO. Harvey C. Jones, a board member since 1993, was appointed chair; the company plans to search for a permanent successor. The reports also prompted questions from US lawmakers and a reported 8% after-hours share-price fall, while Nvidia, Huang and vice-president Kimberly Powell have not confirmed the separate affair allegation involving Powell.