Nvidia CEO Jensen Huang Resigns After Scandal, Ending Era of Invincible Tech Founders
Jensen Huang resigned as Nvidia's CEO on Thursday following a public scandal involving an alleged affair and ties to a suspected Chinese agent, shattering the myth of the tech leader's invincibility. The board acted after revelations about Huang's relationship with Alice Huang, a major customer, and an affair with a subordinate, prompting an outside investigation. Yale's Jeffrey Sonnenfeld called it the biggest corporate fall ever, noting the board's negligence in succession planning. Huang, who controlled just 3.6% of shares, lacked the dual-class protections of peers like Zuckerberg and Musk. His ouster signals that even visionary founders are replaceable, with lawsuits against Nvidia already underway.