Nvidia CEO Jensen Huang resigns as CEO in the wake of multiple affairs, Chinese spy allegations
NVIDIA (NASDAQ: NVDA) Board of Directors announced today that Jensen Huang has resigned as President, Chief Executive Officer, and a member of the Board, effective immediately.
Nvidia's board of directors has announced that CEO Jensen Huang has resigned from his position, following allegations of multiple affairs and Chinese spy involvement. Huang had been embroiled in two extramarital affairs - one with a suspected Chinese intelligence asset and another with his direct report, Nvidia's VP of healthcare Kimberly Powell.
The company's board initiated the resignation effective immediately, with Colette Kress stepping in as interim CEO. The board is now searching for a permanent CEO, considering both internal and external candidates. Huang allegedly had an overly familiar relationship with Alice Huang, a Megaspeed executive suspected of being a Chinese intelligence asset.
Megaspeed is currently under investigation for smuggling $2 billion worth of export-controlled AI GPUs into China. In response to the alleged spy plot, Huang admitted to being unfaithful to his wife and apologized publicly. Additionally, the board launched an independent investigation into the potential national security implications of Huang's affairs.
Written by urgent.news from Tom's Hardware's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
