Jensen Huang Resigns as Nvidia CEO Amid Scandal, Colette Kress Named Interim Successor

Nvidia's CEO, Jensen Huang, has resigned from his position at the technology company amid allegations of extramarital affairs involving a businesswoman suspected of having ties to Chinese intelligence. Colette Kress will serve as interim CEO while the board identifies a permanent successor. The board praised Huang's contributions to the company but did not address the allegations.

Huang co-founded Nvidia in 1993 and led its growth to become one of the world's most influential technology companies, particularly in artificial intelligence. The allegations began with reports of Huang's extramarital affair with Alice Huang, a Singapore-based businesswoman who is not related to him. US intelligence services suspect Alice Huang may be linked to the Chinese government.

Huang also admitted to another extramarital relationship with Nvidia's president of healthcare, Kimberly Powell. The controversy intensified after reports emerged that Powell was captured on video being affectionate with Huang during a company conference in March. The board appointed Wachtell, Lipton, Rosen & Katz to conduct an investigation into Huang's relationship with Alice Huang, which Huang agreed to cooperate with.

Huang's resignation comes amid growing competition between the United States and China over artificial intelligence technology, as the company designs advanced computer chips used for training AI models and powering services operated by major technology firms.