Nvidia CEO Jensen Huang Resigns After Admitting Affairs, Including With Suspected Chinese Spy

Nvidia CEO Jensen Huang resigned Thursday morning after admitting to extramarital affairs, including one with a woman U.S. intelligence officials believe is a Chinese spy, causing market turmoil and raising concerns about the AI industry's future. Huang admitted to an affair with Alice Huang, a former executive at Singapore-based Megaspeed International, whom officials say was recruited by China's Ministry of State Security. A second affair with Nvidia vice president Kimberly Powell was disclosed Wednesday. Chief Financial Officer Colette Kress will serve as interim CEO. The company has initiated a search for a permanent CEO, with President Trump suggesting Tim Cook for the role. House Republicans have requested Huang brief lawmakers by Thanksgiving. Singapore questioned Alice Huang last year but did not charge her, and China has denied targeting Huang or Nvidia.