Nvidia CEO Jensen Huang resigns after reports of extramarital relationships
The board opened a foreign-intelligence probe and said operations will continue without interruption as investors reacted to the abrupt leadership change.
- On Thursday, Nvidia CEO Jensen Huang resigned following reports of multiple extramarital relationships, and the board named Chief Financial Officer Colette Kress as interim CEO.
- Reports surfaced that Huang had affairs with Kimberly Powell, a company vice president, and Alice Huang, an executive U.S. intelligence suspects of spying for China. The board is investigating whether Huang fell victim to a foreign intelligence effort.
- Nvidia shares dropped nearly 9% in after-hours trading Wednesday, wiping out nearly $500 billion in paper value this week amid leadership uncertainty.
- President Donald Trump defended Huang as an 'honorable guy' on Sunday, while multiple Washington officials demanded greater scrutiny; Tesla CEO Elon Musk said it 'would be an honor' to hire him.
- Authorities continue investigating Megaspeed, an Nvidia customer linked to alleged chip smuggling, while Kress remains 'committed to building on the extraordinary foundation Jensen created' over 33 years.
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388 Articles
After many hours of pressure and controversy, Jensen Huang is no longer CEO of Nvidia following espionage allegations
SCIENCE & TECH: Jensen Huang resigns as Nvidia CEO
2026-11-12T14:41:38.141Z (Image credit: Nvidia) US intelligence has been watching Alice Huang, and accused her of being a Chinese intelligence asset. The information behind this accusation is confidential, but it has added an extra layer of drama and betrayal to this whole saga. After this disclosure, Nvidia’s valuation plummeted by $430bn, and the company appointed an external law firm, Wachtell, Lipton, Rosen & Katz to conduct a “thorough and …
NVIDIA Board of Directors Begins Search Process for New CEO, Considering Both Internal and External Candidates
Jensen Huang, founder and CEO of Nvidia, resigned this Thursday after 33 years at the head of the company, following revelations about two extramarital relationships, one with a suspected woman...
SHOCK EXIT: Nvidia CEO Jensen Huang Resigns Amid Explosive Chinese Spy Scandal
In a stunning shake-up at one of the world’s most powerful technology companies, Nvidia CEO Jensen Huang is stepping down amid a growing scandal involving an alleged Chinese espionage operation and reports of multiple extramarital affairs. Nvidia CFO Colette Kress will take over as interim CEO while the company searches for a permanent replacement. The […]
The Independent
The Independent (US)Who is Colette Kress? Nvidia names interim CEO after Jensen Huang resigns
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