Jensen Huang's departure exposes internal politics at Nvidia; source: Huang ran it as a "feudal system" with his daughter and son-in-law in powerful positions (Financial Times)

Jensen Huang has resigned as CEO of Nvidia after a 33-year career, a departure that follows allegations of extramarital affairs. According to PC Gamer, Huang admitted to an affair believed to be with a suspected Chinese intelligence asset, and a New York Times report cited another affair with Nvidia VP Kimberly Powell. Reuters also reported that Huang allegedly had an intimate relationship with a second Nvidia employee.

The Financial Times stated that Huang ran the company as a “feudal system” with his daughter and son-in-law in powerful positions.

Following the resignation, Colette Kress, the former chief financial officer, has been appointed as interim CEO. PC Gamer reports that Nvidia's share price has shown signs of recovery since the announcement, following a significant drop caused by the initial allegations and uncertainty. The former chief is expected to appear before the Senate Banking Committee with US commerce secretary Howard Lutnick in the coming weeks regarding national security concerns related to the initial allegations.

According to the Jerusalem Post Tech & Start-Ups, the board of directors is reportedly considering three Israelis to lead the company. These candidates include Nvidia CTO Michael Kagan, Apple's chief hardware officer Johny Srouji, and Mellanox founder Eyal Waldman. Calcalist noted that Srouji's experience involves developing Apple's silicon strategy, though a potential argument against his appointment is that he was promoted to his current role at Apple in April 2026.

Brief written by urgent.news from Techmeme, Jerusalem Post Tech & Start-Ups, CNBC Technology, The Verge, PC Gamer — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.