en.malanginspirasi.com – Nvidia Chief Executive Officer Jensen Huang resigned from his post on Thursday, stepping away from the chipmaking giant he co-founded after revelations of extramarital affairs, Reuters reported.
It included one involving a suspected Chinese intelligence operative—plunged the company into turmoil.
The sudden departure of the 63-year-old executive, widely regarded as the primary architect of the global artificial intelligence boom, threatens to upend both the broader AI ecosystem and United States semiconductor export policies.
Following the announcement, Nvidia named Chief Financial Officer Colette Kress as interim CEO while the board launches a search for a permanent replacement from inside and outside the firm.
“The Board, Estaff and I recognize that this has been an extraordinarily difficult period,” Kress stated in a memo to staff, noting that an all-hands meeting is scheduled for November 18.
In addition to relinquishing his executive role, the man who holds a 3.61 percent stake as the company’s fourth-largest shareholder will exit Nvidia’s board.
Longtime director and former Synopsys CEO Harvey Jones has been appointed as the company’s inaugural board chair.
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The controversy leading to Huang’s downfall escalated over the past year, sparked by reports linking the married executive to Alice Huang, a former leader at Singapore-based cloud partner Megaspeed.
U.S. intelligence officials suspect she operated on behalf of Beijing, an allegation the Chinese government has denied.
Pressure reached a breaking point this week following disclosures that Huang also engaged in intimate relationships with Kimberly Powell, Nvidia’s vice president of healthcare who reported directly to him, as well as another unnamed female employee.
The fallout extends deep into Washington, where Huang maintained close ties with President Donald Trump and lobbied to protect access to the Chinese market.
Senior White House officials are reportedly weighing the future of Commerce Secretary Howard Lutnick amid scrutiny over chip export oversight, while congressional leaders signal growing consensus to tighten restrictions on shipments to China.
Huang has reportedly retained law firm Paul Weiss and agreed to testify before Congress ahead of Thanksgiving.
Nvidia shares tumbled as much as 14 percent during Thursday’s trading session before recovering to close down 5.5 percent at $164.22, buoyed by retail investors buying the dip.
Meanwhile, shares of rival chipmakers AMD and Broadcom climbed roughly 6 percent each.
While industry observers note that Nvidia’s multi-year technological roadmap remains intact, analysts warn that losing its longtime leader poses a significant execution risk.
Over more than three decades, the leather-jacket-clad founder transformed Nvidia from a gaming graphics pioneer into an AI powerhouse whose valuation briefly approached $6 trillion.
