Nvidia CEO Jensen Huang resigns amid probe into alleged affair with suspected Chinese spy

Nvidia stock plunged 10% after CEO Jensen Huang resigned amid a board investigation into his alleged affairs with a suspected Chinese spy and a senior company executive. Colette Kress has been named interim CEO. Huang admitted to an affair with Alice Huang, whom US intelligence agencies concluded is a Chinese spy, according to The New York Times. She is suspected of using the relationship to illegally route Nvidia chips to China, with concerns he may have divulged trade secrets or policy deliberations. The board has launched a search for a permanent CEO, considering internal and external candidates. There are also concerns China may have influenced US AI and semiconductor policy through Huang, who was influential in the Trump administration.