Nvidia CEO Jensen Huang Quits Amid Spy Affair Scandal

Huang Faces Affair Allegations

Last month, The New York Times reported that US intelligence agencies had found that Huang had a close relationship with Alice Huang, and that they concluded she had been passing intelligence to Beijing.

The controversy deepened on Wednesday when a second affair with Nvidia's vice president of healthcare, Kimberly Powell, was disclosed. She was said to have directly reported to Huang.

Although Nvidia reported no grounds for believing the company's internal secrets had been compromised, the company said its probe will examine all data at its disposal.

Colette Kress Takes Charge

Nvidia's Executive Vice President and CFO Colette Kress has been named as Nvidia's interim CEO. Kress will serve as both CFO and interim CEO until a new CEO is named. The board has started the process of hiring a permanent CEO, and it will look for candidates both from outside and within the company.

Kress became a member of the Nvidia team in September 2013, and has been a driving force in the evolution of the company over the past 13 years.

"Together with our leadership team, I am committed to building on the extraordinary foundation Jensen created over the last 33 years," Kress said.

Trump Suggests Tim Cook

US President Donald Trump has linked Apple's Tim Cook to the Nvidia leadership, adding that he should take over for Jensen Huang at the company.

Trump tweeted on Truth Social that only Cook was up to the challenge of taking over from Huang, who announced his immediate resignation.

He said, “NOW THAT Nvidia CEO JENSEN HUANG, who has done a fantastic job, has resigned, there is only one man to take his place - TIM COOK of Apple. A Legend replaces a Legend! President DONALD J. TRUMP.”

Trump's remark follows Cook's departure as Apple's CEO in September.