Jensen Huang Resigns as Nvidia CEO Amid Extramarital Relationship Allegations
Jensen Huang stepped down from Nvidia after claims of extramarital affairs with two employees, raising security concerns.
WASHINGTON, Nov 13: Jensen Huang resigned as CEO of Nvidia, effective immediately, amid allegations of extramarital relationships with two employees, reported sources. His resignation follows increasing pressure after news of his affair with Alice Huang, who is suspected by U.S. intelligence of potential links to Chinese espionage.
In addition to Alice Huang, Huang reportedly had a relationship with a second unnamed employee. Nvidia’s board has begun searching for a permanent successor and appointed Colette Kress, the finance chief, as interim CEO.
Huang publicly admitted to the affair with Alice Huang in a statement issued on November 8, although he did not name her. This relationship has raised concerns about national security, particularly given his connections with influential figures, including former U.S. President Donald Trump. Lawmakers are alarmed about the potential implications for U.S. technology exports to China.
After Huang’s resignation, Nvidia shares fell 5.5% during trading. This decline is part of a larger drop of over 30% since the company’s peak in early October. Nvidia’s future, especially in the AI sector, may be affected as the board evaluates candidates for the CEO position.
While Nvidia has not commented on the specifics of the affairs, the board’s earlier investigation into whether Huang was a target of foreign intelligence operations was noted. Alice Huang, who previously worked at a Singapore company, remains under scrutiny.
Members of Congress from both parties have expressed concern about the implications of these relationships for U.S. national security, calling for a thorough inquiry into the matter.