NVIDIA CEO Jensen Huang resigns amid espionage allegations and extramarital affair scandal

The NVIDIA board announced that founder Jensen Huang has resigned as CEO, president and director, effective immediately, and that CFO Colette Kress will serve as interim CEO, after two extramarital affairs were exposed. According to The New York Times, one relationship was with Alice Huang, an executive at Singapore cloud service provider Megaspeed, who is accused of collecting intelligence on advanced US AI chips for China's Ministry of State Security; the other was with Kimberly Powell, a vice president of healthcare who reported directly to Jensen Huang. Jensen Huang has acknowledged infidelity to his wife and apologized in a memo to employees. The board appointed former Synopsys CEO Harvey C. Jones as the company's first-ever chairman and launched a permanent CEO search, with reported candidates including Kress, AMD CEO Lisa Su and Arm CEO Rene Haas, among others.