Nvidia CEO Jensen Huang resigns after reports of extramarital affairs

Nvidia CEO Jensen Huang has resigned following reports of multiple extramarital affairs, according to several media outlets. The company's board was reportedly preparing to remove him. The New York Times revealed Wednesday that Huang had a relationship with the company's vice president for healthcare, Kimberly Powell. This follows Huang's confirmation four days earlier of an affair with Alice Huang, who has been accused by the US of being a Chinese spy. The board's statement on his departure made no mention of the affairs, instead thanking him for his contributions. Nvidia's CFO, Colette Kress, will temporarily take over as CEO while a replacement is sought. Nvidia's stock fell over 10 percent when US markets opened on Thursday. Huang founded the chip company 33 years ago, building it into one of the world's most valuable firms, with total stock compensation of $31 million in 2025.