Jensen Huang, the leather-jacket-loving co-founder and long-time founder and CEO of Nvidia, has resigned with immediate effect.
The announcement came Thursday after the company’s board investigated his extramarital relationship with a Chinese businesswoman that U.S. intelligence officials believe was a spy working for Beijing.
Alleged Reason for Jensen Huang’s Resignation
Reports first emerged that Huang had a close personal relationship with Alice Huang, a Chinese executive who previously worked at Singapore-based AI firm Megaspeed, a major Nvidia customer. 
NBG Africa had previously reported that U.S. officials reportedly suspected she was linked to China’s Ministry of State Security and may have been gathering information.
Huang later admitted in a message to staff that he had been “unfaithful” to his wife and apologised for hurting her and their children. He said he supported the board’s independent investigation and insisted he was committed to protecting the company and America’s national security.
Additional reporting also pointed to another alleged relationship with an Nvidia executive who reported to him. As pressure mounted quickly, Huang resigned as president, CEO, and board member after a meeting.
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Who Will Take Over From Jensen Huang?
CFO Colette Kress has been named interim CEO while the board looks for a permanent replacement. The company also appointed its first-ever board chair.
Jensen Huang helped turn Nvidia into one of the most valuable companies on earth by powering the global artificial intelligence boom, making Nvidia’s chips sit at the heart of the AI revolution. He was one of the most powerful faces of the industry, frequently seen alongside world leaders and treated almost like a rock star in tech circles
His sudden exit after 33 years at the top is a major moment.
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