Jensen Huang Resigns as Nvidia CEO, Ending 33-Year Leadership

Jensen Huang, the founder of Nvidia and the world's leading AI chipmaker, has resigned from his position after a 33-year tenure. This abrupt decision, effective immediately, ended Huang's long-standing leadership at the company. The board announced the resignation on November 12, with Colette Kress appointed as interim CEO. The controversy surrounding Huang's departure began with allegations of personal relationships involving Chinese intelligence, followed by reports of Huang's future within the company.

Huang acknowledged being unfaithful to his wife, causing significant distress to his family. Subsequent reports detailed alleged romantic relationships with other Nvidia executives and potential breaches of export control laws. The board appointed Harvey C. Jones as Nvidia's first-ever chair and expressed confidence in Kress and the management team.

Huang's sudden departure prompted emotional reactions from employees, with some shedding tears and leaving flowers outside the company's headquarters. The company faces a leadership vacuum, with the need to identify internal or external candidates for Huang's position. The U.S. Department of Justice and Congress are investigating allegations of Chinese intelligence service targeting Huang, and the Senate plans to scrutinize potential national security risks. The company's shares fell more than 10% following the news of Huang's resignation.