After multiple legally-compromising affairs came to light in the public, Nvidia CEO Jensen Huang has tendered his resignation as the head of one of the largest companies in the world.
Jensen Huang, who co-founded Nvidia in 1993, has resigned as the CEO after scandals that rocked not only Huang's personal life but might be legally treacherous rock the company. An interim CEO, CFO Colette Kress, has been put in place by the company's board while Nvidia strategizes on a transition plan to appoint a permanent replacement.
In a statement from Nvidia's board of directors, the board confirms that Huang has resigned as president effectively immediately, and that the board is considering internal and external candidates to replace him.
The 63-year-old Huang resigned after Nvidia's board and the United States FBI launched an investigation into the CEO following his admission of an affair with a woman both groups believed to be a spy from China. That story, which Huang appeared to choose to weather from his leadership position, was stacked upon this week by reporting by the New York Times alleging a second affair between Huang and a subordinate executive at Nvidia.
The situation puts Huang in a dicey legal area. The first woman he was accused of having an affair with, Alice Huang—no familial relation with Jensen Huang—is a Chinese national and former executive of a Singapore-based cloud computing company named Megaspeed. The United State intelligence community, according to the FBI investigation into Huang and confirmed by Treasure Secretary Scott Bessent, has long suspected Megaspeed of diverting its purchased chips from Nvidia to China.
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