Nvidia CEO Jensen Huang resigns amid China spy scandal; CFO Colette Kress takes over

Nvidia CEO Jensen Huang resigned on Thursday amid a national-security and political scandal involving his ties to a suspected Chinese spy and the company's China chip business. Chief Financial Officer Colette Kress will serve as interim CEO. The controversy began with reports linking Huang to Alice Huang, a business executive suspected by US intelligence of acting for Chinese interests. The fallout intensified after revelations of an affair, leading to a board investigation, shareholder lawsuits, and calls from lawmakers for his ouster. The scandal has reignited Washington's debate over advanced AI chip sales to China, with some lawmakers pushing for restrictions. It also follows a period of close ties between Huang and President Trump, including a National Medal of Science award and a delegation visit to China.