Jensen Huang summoned to testify before US Senate committee
What happened
Nvidia founder Jensen Huang resigned as chief executive and board member on Thursday after reports of two extramarital relationships, one with a woman US intelligence officials suspect of spying for China.
Chief Financial Officer Colette Kress will run the company on an interim basis while the board searches for a permanent successor, according to Novinite and TechCrunch.
Huang, 63, had led the company for 33 years; Nvidia's shares slid by more than 10% before the New York market opened, wiping out over $400 billion, Novinite reported.
US officials concluded that Alice Huang, an executive at Nvidia customer Megaspeed in Singapore, was a Chinese intelligence asset, according to the Guardian; Beijing called the allegations baseless and Nvidia says no secrets were compromised.
The New York Times also reported a second relationship, with Kimberly Powell, an Nvidia healthcare executive who reported to him; Huang had earlier admitted infidelity in a letter to staff.
Nvidia is due to report quarterly earnings on Tuesday, when Kress is likely to outline her plans.
“I was unfaithful to my wife. My actions hurt her and our children.”
Guardian
Summary written by AI from 3 independent sources (Guardian, Novinite, TechCrunch) and checked automatically against them for copied text and numbers that are not in the sources. How we work
Open on the live globe →Who reported it
- 2026-11-12 14:05 UTCArs Technica · arstechnica.com ↗
- 2026-11-12 14:07 UTCEuronews · euronews.com ↗
- 2026-11-12 14:24 UTCNovinite · novinite.com ↗
- 2026-11-12 15:37 UTCTechCrunch · techcrunch.com ↗
- 2026-11-12 17:53 UTCEngadget · engadget.com ↗
- 2026-11-12 19:47 UTCCNBC · cnbc.com ↗
- 2026-11-12 20:21 UTCBBC · bbc.co.uk ↗
- 2026-11-12 22:10 UTCFrance 24 · france24.com ↗
- 2026-11-12 22:14 UTCWired · wired.com ↗
- 2026-11-13 02:09 UTCVnExpress · e.vnexpress.net ↗
- 2026-11-13 04:00 UTCGuardian · theguardian.com ↗
- 2026-11-13 05:19 UTCJapan Times · japantimes.co.jp ↗
- 2026-11-13 05:39 UTCCapital FM same text as BBC · capitalfm.africa ↗
- 2026-11-13 06:22 UTCThe Hindu · thehindu.com ↗
- 2026-11-13 07:55 UTCIOL · iol.co.za ↗
- 2026-11-13 08:09 UTCCNA same text as IOL · channelnewsasia.com ↗
- 2026-11-13 08:23 UTCTimes of Israel · timesofisrael.com ↗
- 2026-11-13 09:43 UTCNPR · npr.org ↗
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