Jensen Huang Steps Down as Nvidia CEO Following Affair With Chinese Government Spy

Jensen Huang Resigns As NVIDIA CEO Published November 12, 2026 6:04 AM PST Jensen Huang is dunzo at Nvidia, stepping down as the tech company’s CEO amid his extramarital affair with a Chinese government spy and reports of a second affair. Nvidia's Board of Directors just released a statement saying Huang resigned as "President, Chief Executive Officer, and a member of the Board, effective immediately." The Board announced that Huang will be replaced by Colette Kress, who will hold the title of Interim Chief Executive Officer, until the company finds a permanent successor. Previously, Kress was Nvidia's Executive Vice President and Chief Financial Officer and she has spent nearly 25 years in financial roles at major tech companies, such as Cisco and Microsoft. In other words, she's up to the job. As for Huang, the billionaire co-founder of Nvidia, he recently admitted to the first affair with the Chinese government agent named Alice Huang, who is not related to him. Huang fessed up to cheating on his wife of 40 years after the The New York Times broke the story about the affair on October 28. Then, the NYT reported Wednesday that Huang had an affair with a second woman, identified as Kimberly Powell, Nvidia’s vice president of health care. In the midst of all this, Nvidia launched an investigation into Huang's behavior under the company's code of conduct, which clearly states employees are to “avoid situations where our actions create conflict,” including “personal relationships.” The Wall Street Journal and CNN reported that the board was planning to meet Wednesday to discuss firing Huang over his multiple affairs. Looks like the board gave Huang the option to resign, which he obviously took.