Nvidia CEO Jensen Huang resigns in wake of affair with woman suspected of spying for China

Updated on: November 12, 2026 / 10:07 AM EST / CBS News

Jensen Huang resigned as CEO of AI tech giant Nvidia effective immediately following a scandal involving an alleged spy, the company's board of directors announced Thursday.

The decision came amid an investigation into Huang's affair with a woman U.S. intelligence agencies suspect was spying for China.

Nvidia's board had been preparing to oust Huang, two sources familiar with the matter confirmed to CBS News on Wednesday night, plans that were first reported by the Wall Street Journal.

Huang's ouster also follows a New York Times report Wednesday that five employees at Nvidia came forward alleging Huang was romantically involved with a subordinate, Kimberly Powell, Nvidia's vice president of health care.

The Times also reported Huang and Powell, who are both married to other people, were caught on video being affectionate at a conference in March, according to two Nvidia employees. The Times has not seen the video and CBS News has not verified the report.

The company's interim CEO will be Colette Kress, who is currently Nvidia's chief financial officer and will continue in that role.

"The Board has full confidence in Colette and the leadership team, and…

Original source: https://www.cbsnews.com/moneywatch/