Nvidia CEO Jensen Huang Resigns After Affairs, Colette Kress Takes Over

Jensen Huang has resigned as CEO of Nvidia following allegations of multiple extramarital affairs, marking a dramatic fall for the AI industry's most prominent leader. The board forced his exit after he admitted to the relationships, with CFO Colette Kress now serving as interim CEO. Reports describe Huang as a broken man in his final days, using phrases like "I don't care" and calling himself a "piece of sh--." The crisis began with allegations linking him to Alice Huang, suspected of being a Chinese spy, which he initially denied. After admitting to that affair on November 6, a second allegation involving Nvidia VP Kimberly Powell led to his swift resignation. Nvidia faces the challenge of finding a permanent successor, with AMD CEO Lisa Su and Arm CEO Rene Haas as potential candidates. The company lacked a traditional succession plan, and Huang's departure raises questions about its future leadership structure and ability to maintain its dominant position in the AI chip market.