Sources close to Jensen Huang say he has taken a penitent turn, castigated himself as a "piece of shit", and claims to not care what happens to himself (Bloomberg)

Jensen Huang has resigned as president and CEO of Nvidia, according to e27. The board accepted his resignation on Wednesday following reports of two affairs. One relationship was with Alice Huang, a Chinese businesswoman whom U.S. intelligence reportedly believes was working for China’s Ministry of State Security, according to e27, CBS News, and Mashable.

The New York Times alleged a second affair with an Nvidia executive who reported to him, while Mashable notes that Reuters reported hours after his resignation that Huang had an intimate relationship with another unnamed Nvidia employee.

Bloomberg reports that sources close to Huang say he has taken a penitent turn, castigating himself as a "piece of shit" and claiming not to care what happens to himself. Techmeme adds that at the end, Huang appeared broken and shattered with his energy depleted.

Following the resignation, Nvidia named Chief Financial Officer Colette Kress as interim CEO, while Harvey Jones has been named the company's first chair. e27 reports that Nvidia shares fell more than 11 per cent in premarket trading on Thursday, with the company losing over US$300 billion in market value since last Friday.

Brief written by urgent.news from Techmeme, e27, CBS News, Mashable, The Verge — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.