Jensen Huang Resigns as NVIDIA CEO, Board Investigates Extramarital Affairs and "Chinese Spy" Allegations

The Verge reports that NVIDIA co-founder Jensen Huang stepped down from his CEO position earlier this morning. The resignation took place after the company's board of directors launched an investigation. The probe involves his multiple extramarital affairs with a direct report and an individual accused of being a Chinese spy.

Image credit: Cath Virginia / The Verge

Founded in 1993, NVIDIA is now the leading supplier of GPUs for AI training. Jensen Huang has long held the CEO post and served as the core public face of the company. This leadership shakeup will push customers, investors and the full supply chain to reassess the company's operational stability.

Per The Verge, Harvey Jones, the new and first-ever chair of NVIDIA's board of directors, announced Jensen Huang's resignation in an internal email sent to all employees, and concurrently confirmed that CFO Colette Kress will serve as interim CEO. The original report from The Verge attaches the full internal board memo and Kress's first letter to staff.

All public information currently available comes from the internal emails obtained by The Verge. The final investigation conclusion, the board's full official statement and subsequent follow-up arrangements are yet to be formally disclosed by the company. For a company as central to AI infrastructure as NVIDIA, key-person risk will easily escalate into a corporate governance issue. The wording of internal communications, succession planning and public outreach strategies will all be put under intense public scrutiny.

Original source link: The Verge