Nvidia CEO Jensen Huang resigns following affair and spying allegations
Jensen Huang stepped down as chief executive after admitting to an affair with Alice Huang, who is suspected of being a Chinese spy.
Nvidia chief executive officer Jensen Huang resigned from his position and the company's board on Thursday, according to News18. The resignation follows his admission of an affair with Alice Huang, a woman accused of being a Chinese intelligence asset.
Colette Kress, the current Executive Vice President and Chief Financial Officer, will serve as interim CEO until a permanent successor is appointed. The Nvidia board of directors stated that Huang's contributions to the company and the industry were profound.
The resignation comes amid reports that Huang was the target of a foreign intelligence effort. A memo from US intelligence earlier this year alleged that Huang was an asset for China's Ministry of State Security, a claim the Chinese embassy has denied.
Huang was introduced to Alice Huang by her husband, corporate investor Kang Weigh, approximately a decade ago. According to The New York Post and The Information, Kang had business dealings with Jensen Huang in the 2010s while acquiring Chinese video game companies.
Alice Huang was a senior executive at Megaspeed, a Singapore-based data centre firm that has done billions of dollars in business with Nvidia. Megaspeed has been accused of bypassing US export bans to send high-end chips to China, with an audit reportedly finding 50,000 chips missing.
Before her time at Megaspeed, Huang worked as a senior executive at Shanghai Hexi Investment. Kang's company was fined $2.6 million in 2018, and Hexi was fined $350,000 by China's securities regulator in 2025.
