Jensen Huang, CEO of Nvidia, has decided to resign following reports that he had an affair with a Chinese businesswoman accused of being a Chinese spy and revelations that he was involved with another woman as well.
Foreign news agencies reported on 12 Nov 2026 that Jensen Huang, CEO of Nvidia, a leading global AI and technology developer, announced his resignation after a scandal emerged alleging he cheated on his wife with a businesswoman later suspected of being a Chinese spy and that he also had an affair with a second woman.
On Thursday, Nvidia announced that Colette Kress, the chief financial officer (CFO), will serve as interim CEO while the company searches for a permanent successor. Huang, a co-founder and the company’s fourth-largest shareholder (about 3.61%), will no longer serve on the board of directors.
The 63-year-old Huang came under intense pressure after reports surfaced of his affair with Alice Huang, a Chinese businesswoman and former executive of the Singapore-based cloud company Megaspeed, who U.S. authorities suspect is a spy for the Beijing government and is under investigation for aiding China’s access to advanced AI chips sanctioned by the U.S.
Additionally, The New York Times reported on Wednesday that Huang also had an affair with Kimberly Powell, Nvidia’s vice president of health, who is his subordinate. This led the board of directors to hold an emergency meeting to consider removing him from his position.
Huang’s departure, as a figure symbolic of the AI era, has shaken Nvidia and the AI ecosystem he helped build through investment promotion, amid investor concerns over the company’s rising expenses and debt.
This situation may also affect U.S. chip export policy to China, as Huang played a key role in maintaining good relations between the Chinese market and the U.S. government.
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Source:cna