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Nvidia Chief Executive Officer (CEO) Jensen Huang has resigned from his position amid growing controversy surrounding his personal relationships and concerns over possible national security implications.
Huang stepped down on Thursday, November 12, ending his tenure at the helm of the world’s leading artificial intelligence (AI) chipmaker.
The company’s board has named Chief Financial Officer (CFO) Colette Kress as interim CEO.
The resignation comes after reports emerged about Huang’s alleged relationships with two women, including a former executive of Singapore-based data centre company Megaspeed International.
The woman, identified in media reports as Alice Huang, has reportedly been suspected by US intelligence agencies of having links to Chinese intelligence operations.
The allegations raised concerns about whether sensitive Nvidia technology and information could have been exposed to foreign interests.
The FBI is investigating claims that the former Megaspeed executive passed information to Beijing.
Nvidia’s board had earlier announced an independent investigation into reports that Huang had been targeted by a foreign intelligence operation.
The company said it had no reason to believe that national security or its trade secrets had been compromised.
Huang had also acknowledged being unfaithful to his wife in a message to Nvidia employees, apologising to his family and colleagues while pledging full cooperation with the investigation.
His departure marks a major leadership change at Nvidia, which he co-founded in 1993 and transformed from a graphics processing unit (GPU) manufacturer into a global powerhouse in AI computing.
The leadership transition comes at a critical time for Nvidia, which plays a central role in the global AI industry.
The company’s shares came under pressure following reports about the leadership crisis.