CliqNews Desk · EN
Jensen Huang resigns as Nvidia CEO amid affair and spy scandal.
Jensen Huang has stepped down as chief executive of Nvidia, the company he co-founded 33 years ago and built into the world’s dominant supplier of AI chips, after revelations about two extramarital affairs and an alleged Chinese intelligence operation.
Lanaka Valery
12 November 2026 · 2 min
Nvidia announced Huang’s resignation on Thursday, with chief financial officer Colette Kress appointed interim CEO.
The move came after the company’s board opened an independent investigation into reports that Huang had a relationship with a senior Nvidia executive and with businesswoman Alice Huang, whom US officials have alleged was linked to Chinese intelligence.
Huang, 63, had publicly admitted to an affair with Alice Huang, saying he did not know she was a spy. The board hired law firm Wachtell, Lipton, Rosen & Katz to investigate the allegations, while the FBI is separately examining whether Huang was targeted by a foreign intelligence operation.
The scandal has raised national-security concerns because of Nvidia’s central role in the global AI race and its access to advanced chip technology. US President Donald Trump said the FBI was investigating the matter, while Republican Senator Kevin Cramer publicly called on Huang to resign.
Investors have reacted sharply. Nvidia has lost about $600 billion in market value this week since the board announced its investigation, as fears grew over leadership instability, China exposure and the future of the company’s AI dominance.
Huang’s departure marks an extraordinary reversal for one of the most powerful figures in global technology. The man who helped power the AI boom now leaves Nvidia at the centre of a corporate, political and national security crisis.
Related stories
TechElon Musk open to hiring Jensen Huang as Nvidia’s future hangs in the balance.
Tesla and SpaceX CEO Elon Musk has said it “Would Be an Honor” to hire Nvidia chief executive Jensen Huang, as reports emerged that the AI giant’s board is preparing to oust the man who built it into a global technology powerhouse.
TechCould Nvidia really replace Jensen Huang? The question shaking global AI markets.
Nvidia is facing growing questions over the future of its long-serving chief executive, Jensen Huang, as investors and analysts assess what comes next for the company at the centre of the global AI boom.
TechSouth Korea targets bold AI investment in record 2027 budget.
South Korean President Lee Jae Myung has unveiled the country’s largest ever budget, pledging to “boldly invest in AI and future growth engines” as the nation seeks to cement its place at the forefront of the global technology race.