Nvidia boss Jensen Huang resigns over affair scandal

Nvidia chief executive Jensen Huang has resigned after his extramarital affair raised national security concerns.

The company named Colette Kress as interim chief executive.

She is the current executive vice president and chief financial officer.

Mr Huang faced growing calls to resign after his affair with an alleged Chinese spy.

Late on Wednesday, media reports said Mr Huang had another extramarital affair with an Nvidia employee who reports to him.

The board of directors said on Thursday it also named its first-ever chairman, Harvey C Jones, an entrepreneur and venture investor.

Shares of Nvidia, one of the largest companies in the world, plunged 10% in premarket trading on Thursday.

Nvidia’s board had gathered to discuss Mr Huang’s future after revelations that he was having an affair with a former Megaspeed executive suspected of being a Chinese government agent.

The New York Times reported on Wednesday that Mr Huang also had an affair with an Nvidia executive who reported to him.

The Associated Press could not independently confirm those reports.

In its first statement since the scandal broke, Singapore-headquartered Megaspeed International said on Thursday that it takes its obligation to comply with US export control laws “extremely seriously”.

Details about Mr Huang’s affair with the former Megaspeed executive are unclear.