Nvidia CEO Jensen Huang resigns

On Thursday, Jensen Huang, the CEO of Nvidia, announced his resignation from his roles as President, Chief Executive Officer, and Board member, effective immediately. The board cited an internal investigation into an affair he had with Alice Huang, an alleged asset of China’s Ministry of State Security. Colette Kress, Nvidia’s CFO, will serve as interim CEO while the board considers internal and external candidates for a permanent replacement.

Huang's resignation follows a series of reports, including one from The New York Times that alleged a Chinese intelligence operation facilitated through his relationship with Alice Huang, who has no known connection to Huang. The investigation began on November 8, following the initial reports on November 11 about Huang's alleged relationship with a direct report at Nvidia and his business dealings with Megaspeed, an AI company where Alice Huang previously held a senior position.

US intelligence officials reportedly briefed President Donald Trump on Huang's relationship with Alice last year, but no action was taken. Huang acknowledged his affair in a companywide email, apologized to his family and employees, and pledged cooperation with the internal investigation.