Nvidia CEO Jensen Huang's resignation shakes AI industry and US-China tech rivalry

Nvidia CEO Jensen Huang has resigned amid allegations of an affair with a subordinate, sending shockwaves through the global AI industry and US-China tech competition. The sudden departure creates uncertainty over succession and billions in AI investments. Huang resigned early Thursday after a second affair allegation involving Kimberly Powell, a vice president who reported directly to him, raising legal and ethical concerns. CFO Colette Kress has been named interim CEO to minimize market disruption, though she may struggle to replace Huang's technical and political relationships. The FBI is investigating Huang's alleged ties to Chinese intelligence, and House Republicans have demanded testimony. His exit weakens industry opposition to semiconductor export controls ahead of next week's APEC summit in Shenzhen, potentially affecting US-China trade negotiations.