Jensen Huang, the 63-year-old co-founder and chief executive officer of American technology giant Nvidia, has resigned from his position following a scandal involving alleged extramarital affairs, including one with a woman suspected of being a Chinese spy.
Nvidia’s board of directors announced his resignation on Thursday, November 12, 2026, ending his 33-year leadership of the company, which has grown into one of the world’s most valuable technology firms.
Huang reportedly admitted to being unfaithful in an apology email to Nvidia employees. The admission followed reports linking him to a woman identified as Alice Huang, who was allegedly a Chinese spy. The controversy deepened after The New York Times reported a second alleged affair involving an executive at Nvidia.
Nvidia had launched an investigation into the affair Huang admitted to, while the FBI was also reportedly investigating the matter. However, the espionage allegations have not been established.
Following his resignation, the company’s Chief Financial Officer, Colette Kress, was appointed interim CEO. Kress joined Nvidia in September 2013 and previously held senior finance positions at Microsoft and Cisco.
Meanwhile, Nvidia’s shares fell by more than 10 per cent in pre-market trading as investors reacted to the leadership change. The company’s market value had already suffered significant losses following the controversy.
Huang, who was born in Taiwan, co-founded Nvidia in 1993 and owns more than 870 million shares, representing just over 3.5 per cent of the company.
Despite the leadership crisis, Siemens CEO Roland Busch said his company’s projects and partnership with Nvidia would continue regardless of Huang’s departure.
