Nvidia CEO Jensen Huang resigns amid scandal; CFO Colette Kress takes over
Nvidia founder and CEO Jensen Huang has resigned immediately, leaving his roles as CEO and board member amid a global scandal over his personal relationships. The company named CFO Colette Kress as interim CEO. The resignation follows revelations of an extramarital affair with Alice Huang, suspected of being a Chinese spy, and a reported relationship with a subordinate. Nvidia's stock fell over 11 percent, and the company has begun searching for a permanent CEO. Huang led Nvidia for 33 years, leaving a leadership void at the $4 trillion chipmaker central to the AI boom and US-China tech competition. The White House said it won't intervene, while lawmakers have demanded documents related to Huang's ties and chip exports.