Nvidia CEO Jensen Huang Resigns After 33 Years Amid Spy Affair Scandal

Jensen Huang resigned as CEO of Nvidia on Thursday after 33 years, following revelations of an extramarital affair with a suspected Chinese spy and another with a company executive. The board named Harvey Jones as its first chairman and launched a search for a permanent CEO. Colette Kress, Nvidia's CFO, was appointed interim CEO. The scandal emerged after reports linked Huang to Alice Huang, a Singapore-based executive believed to have worked for Chinese intelligence, and to Kimberly Powell, a Nvidia vice president. The board had been investigating whether Huang was targeted by a foreign intelligence operation. The resignation marks a dramatic fall for Huang, who built Nvidia into a $4.2 trillion company central to the AI boom. He had cultivated close ties with President Donald Trump, who awarded him the nation's highest scientific honor last month. Nvidia's stock has fallen 6.9% this year amid the turmoil.