Jensen Huang has resigned as CEO of Nvidia, stepping down from the company he helped build into one of the biggest names in AI. Nvidia has named CFO Colette Kress as interim CEO while it looks for a permanent replacement.
The surprise announcement comes after reports linked Huang to a growing personal scandal. The issue reportedly drew attention from Nvidia’s board and raised concerns among investors.
Nvidia confirmed that Huang is leaving his roles as CEO, president, and board member. The company said Kress will continue serving as CFO during the transition.
The company’s shares fell after the announcement as markets weighed the impact of losing one of the tech industry’s most recognizable leaders.
Reports said pressure on Huang grew after allegations involving personal relationships. One report linked the controversy to a businesswoman reportedly under scrutiny for possible ties to Chinese intelligence. Other reports also mentioned a separate alleged relationship involving a senior Nvidia employee.
The company has not named a permanent successor. Nvidia said it will consider both internal and external candidates as part of its CEO search.
For many people, Huang is Nvidia. He has led the company for decades and helped turn it into a major force in AI, gaming, and data centers. His departure marks one of the biggest leadership changes in the company’s history.
Also Read: Nvidia board weighs ousting Jensen Huang amid growing scandal
For now, Nvidia says business will continue as usual. The focus is now on Kress, the CEO search, and what comes next for the AI chip giant.
