Reports: Nvidia CEO Jensen Huang to be ousted after affairs with spy, subordinate

CFO Colette Kress will serve as interim chief executive, Nvidia said.

Jensen Huang, the CEO of AI tech giant Nvidia, has resigned, the company announced Thursday. Author and journalist Patrick McGee joins with more.

Nvidia CEO Jensen Huang steps down amid reports of multiple extramarital relationships, including one with a woman who reports to him and another with an alleged Chinese spy. NBC News’ Jared Perlo reports on the latest details surrounding the resignation and what it could mean for the company’s future.

Jensen Huang resigned as CEO of Nvidia after he reportedly had two affairs, including one with a purported Chinese spy. Why it matters: It's impossible to overstate how critical Huang is to Nvidia, to the AI buildout, to the stock market and economy. His departure could, per Wall Street sources, be the catalyst that endangers a ballooning AI bubble. Driving the news: Nvidia's board named longtime CFO Colette Kress interim CEO, while launching a search for a permanent replacement. Kress, who join

Nvidia’s cofounder and chief executive resigned on Thursday after the company opened an investigation into his affair with an alleged Chinese intelligence asset.

Nvidia CEO and co-founder Jensen Huang has resigned, the company’s board of directors said on Thursday, ending a weekslong saga that revealed the executive engaged in several affairs — including one with an alleged Chinese spy — and brought the company’s stock price to eight-month lows over national security concerns. Colette Kress, Nvidia’s chief financial officer, will […]

Nvidia’s board is weighing the future of Jensen Huang, the company’s chief executive, admitted to an affair with a woman who U.S. intelligence says was spying for China.

Jensen Huang at GTC Berlin last month. | Photo: Soeren Stache / picture alliance via Getty Images Nvidia's board announced that Jensen Huang - its longtime co-founder, president, and CEO - has resigned after reports of two extramarital affairs, one with an alleged Chinese spy and one with an Nvidia executive who reported to Huang. Following a late Wednesday night meeting, the board accepted Huang's letter of resignation as CEO, president, and board member, effective immediately, with current CFO

Jim Cramer said Wednesday night that he was saddened by a news report that indicated Nvidia's board of directors is preparing to fire Huang.

CFO Colette Kress takes over on an interim basis as the board launches a search for a permanent successor.

Nvidia’s CFO Colette Kress will serve as interim CEO and retain her CFO position, the chipmaker said Thursday.

Nvidia is preparing to oust CEO Jensen Huang after he confessed to having an affair with a suspected spy for China, according to multiple reports. Earlier this month, Huang apologized to his company, wife, and family for having an affair with Alice Huang. Nvidia is investigating the saga, as U.S. officials reportedly believe Alice Huang […]