Nvidia CEO Jensen Huang Resigns, CFO Colette Kress Takes Interim Role

Nvidia CEO and co-founder Jensen Huang has resigned with immediate effect from his roles as president, CEO, and board member, with CFO Colette Kress named interim chief. The announcement ends his 33-year leadership of the AI chip giant. Huang's departure follows scandals including an alleged relationship with Alice Huang, a former executive linked by US intelligence to Chinese espionage, raising national security concerns over semiconductor export restrictions. He admitted the affair but denied compromising trade secrets, while another reported relationship with a subordinate emerged. Huang had long advocated keeping the Chinese market open to US chips, clashing with Washington over export rules. His exit comes amid ongoing investigations into semiconductor diversions and a changed political landscape after Democratic midterm victories, despite support from Donald Trump and Elon Musk.