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Nvidia CEO Jensen Huang resigned as the company faced reports about alleged affairs and possible national security concerns.

Nvidia said Huang resigned on Thursday and named CFO Colette Kress interim CEO while it looks for a permanent successor. Reports linked the departure to alleged affairs, including one involving a woman suspected by U.S. officials of ties to Chinese intelligence; those suspicions remain allegations.

What the reports agree on

  • Nvidia announced that Jensen Huang had resigned as its CEO on Thursday. France24, PBS NewsHour, ABC News, CBS News and 4 more
  • Nvidia named CFO Colette Kress interim CEO. France24, PBS NewsHour, ABC News, The Hill and 3 more
  • Reports of alleged affairs involving Huang preceded his resignation. France24, PBS NewsHour, The Hill, Al Jazeera and 3 more
  • Reports linked one alleged affair to a woman suspected of ties to Chinese intelligence. France24, PBS NewsHour, The Hill, Al Jazeera and 3 more
  • Nvidia shares fell after reports about Huang’s resignation or the board’s consideration of his future. France24, The Hill, PBS NewsHour, Al Jazeera and 1 more

Where reports differ

  • Nvidia shares fell more than 10 percent in premarket trading after the resignation announcement. France24
  • That shares fell 14.4 percent from Wednesday’s close to $148.80 before rising above $162. The Hill
  • A roughly 7 percent premarket fall after news of the board’s discussions about Huang’s future. Guardian World

Reported by one outlet

  • Nvidia appointed former Synopsys CEO Harvey Jones as its first chair. France24
  • Donald Trump suggested Apple executive chairman Tim Cook as Huang’s replacement, though it was unclear whether he was serious. Axios
  • Nvidia shareholders filed a class action lawsuit alleging that Huang and the company failed to disclose information about his relationship to investors. France24

The original reports

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