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Nvidia CEO Jensen Huang has resigned following reports of two affairs, including one with a woman suspected of being a Chinese spy. The departure on Thursday, November 12, 2026, led to a 4 percent drop in Nvidia's stock, with CFO Colette Kress stepping in as interim CEO. The event follows a period of scrutiny and public criticism, raising national security concerns.
Nvidia CEO and co-founder Jensen Huang has resigned, effective immediately, following reports of two extramarital affairs: one with an alleged Chinese spy and another with a subordinate executive. CFO Colette Kress has been appointed interim CEO as the board initiates a search for a permanent replacement. Huang's departure marks the end of a 33-year tenure at the helm of the AI chip giant.
Nvidia CEO Jensen Huang is facing potential ouster amid revelations of two alleged extramarital affairs—one with a suspected Chinese spy, Alice Huang, and another with Nvidia VP Kimberly Powell. The scandal, which has caused Nvidia's stock to drop, has triggered national security concerns and a congressional inquiry into his ties to Chinese intelligence assets.
Nvidia CEO Jensen Huang faces new accusations of an affair with a direct report, Kimberly Powell, escalating a crisis already simmering from his admitted affair with an alleged Chinese spy. These revelations prompted the Wall Street Journal to report that Nvidia's board is preparing to oust Huang, who co-founded the company in 1993, as congressional pressure and internal investigations intensify.
U.S. intelligence agencies reportedly investigated Alice Huang, a top executive at Singaporean AI cloud firm Megaspeed, as a suspected Chinese spy. Concerns centered on her alleged close relationship with Nvidia CEO Jensen Huang, through which she might have sought information on Nvidia's plans and efforts regarding chip exports to China. Nvidia denies any sharing of sensitive information, stating CEO interactions were routine customer engagements.
