Nvidia CEO Jensen Huang resigns after spy affair scandal

Nvidia CEO Jensen Huang has resigned following a spy affair scandal involving a suspected Chinese agent, with a temporary successor already named. The board met Wednesday to discuss his dismissal after reports emerged of two extramarital relationships. Huang allegedly had an affair with a subordinate executive, Vice President Kimberly Powell, and with a Chinese woman who worked for Megaspeed, a company suspected of funneling Nvidia chips to China. Nvidia had initially said Huang would remain, but reversed course after the New York Times report. Huang, who co-founded Nvidia and holds about 3.61 percent of shares, will also leave the board. The case is politically sensitive as Nvidia dominates AI chip production, and US authorities are investigating whether the affair gave Beijing access to banned advanced chips.