Jensen Huang Resigns as Nvidia CEO After Board Investigation

Nvidia co-founder Jensen Huang resigned as CEO after the board investigated multiple extramarital affairs, including one with a direct report and one with an alleged Chinese spy. Chair Harvey Jones announced the resignation to employees and named CFO Colette Kress interim CEO. The board's internal memo and Kress's first message to staff were published alongside the report.

Why it matters: Leadership turmoil at Nvidia, the dominant supplier of AI chips, could affect its product roadmap, customer relationships, and the broader AI hardware supply chain.