Jensen Huang has stepped down as head of Nvidia following the disclosure of relationships that raised concerns regarding security and export restrictions.
The sudden departure ends a thirty-three-year tenure. Huang built the chipmaker into a company that was for a time the world’s most valuable enterprise and a central pillar of the artificial intelligence boom, as reported by Lupa.
Jensen Huang Resigns from Nvidia
The resignation followed revelations that Huang had a relationship with a woman identified by US intelligence services as a Chinese intelligence asset, according to Reflex. US intelligence investigated whether her firm helped Chinese clients acquire restricted Nvidia processors, as detailed by ČT24. Donald Trump and Howard Lutnick had information regarding the woman since at least 2025.
Internal investigations uncovered a relationship with a person named Powell, alongside a third relationship reported by Novinky. Huang acknowledged the misconduct in a statement to employees after initial defenses by Nvidia spokesman John Rizzo.
“I owe an apology to my family and to all of you. I have been unfaithful to my wife. My behavior has hurt her and our children. There is no excuse for that. I am deeply sorry,” said Jensen Huang, former chief executive officer of Nvidia, in a statement reported by Reflex.
Nvidia Shares Fall Amid Warnings from Industry Leaders
Nvidia shares fell sharply following the announcements, recording their sixth weekly decline in a streak not seen since October 2012, according to FXstreet. “Odvolání Jensena Huanga mi připadá nerozumné vzhledem k tomu, jak klíčovou roli hraje pro budoucí prosperitu nás všech,” Garry Tan, head of the startup accelerator Y Combinator, said on the social media platform X.
Elon Musk warned that the company could lose critical business relationships that relied on personal trust rather than formal paperwork.
Jensen drove supply chain brilliantly at Nvidia, but many of those deals were a handshake with Jensen, not a written contract. Without Jensen, at least some of those critical deals will be lost, said Elon Musk, in a post on the social media platform X reported by Newstream.
“NYNÍ, KDYŽ generální ředitel Nvidie JENSEN HUANG, který odvedl fantastickou práci, rezignoval, zbývá už jen jediný člověk, který by ho nahradil – TIM COOK z Applu. Legenda střídá legendu!” Donald Trump wrote on social media.
Jensen drove supply chain brilliantly at Nvidia, but many of those deals were a handshake with Jensen, not a written contract. Without Jensen, at least some of those critical deals will be lost. https://t.co/2CH1QNPG8x
Nvidia Appoints Interim Leadership
The board of directors appointed chief financial officer Colette Kress as interim chief executive officer while a search for a permanent successor gets going, as reported by Cnews. The board named Harvey Jones, former chief executive officer of Synopsys and a member of the board of directors of Nvidia, as its first chairman of the board, according to Seznam Zprávy.
Seems ill advised for Nvidia’s board to oust Jensen Huang given how central his leadership is to the operations of an engine of our future abundance. His day to day is prime actor work. Would be hard to believe a transition happens without massive market cap implosion.…