What we know after Jensen Huang’s resignation as Nvidia’s CEO

Nvidia says Jensen Huang has resigned as its chief executive with immediate effect, following reports of two extramarital relationships. One relationship has raised national security concerns because US intelligence reportedly suspects the woman involved of spying for China, an allegation Beijing denies. The departure is a major change at a company central to the artificial intelligence industry, which Huang co-founded and led for more than three decades.

Chief financial officer Colette Kress, who joined Nvidia in 2013 after working at Cisco, Microsoft and Texas Instruments, is interim CEO while the board considers internal and external candidates. Nvidia has said it has no reason to believe national security or company secrets were compromised, and that its investigation is continuing. The board also named Harvey C. Jones as its first chairman; Huang had apologised to employees for being unfaithful to his wife.