Jensen Huang resigns as Nvidia CEO - Mothership

After revelations of two extramarital affairs.

Jensen Huang, recently beleaguered by scandal, has resigned from Nvidia, the tech company he co-founded.

A statement from Nvidia on Nov. 12 announced that Huang had resigned from his posts as president, chief executive officer, and board member, effective immediately.

He will be replaced on an interim basis by Colette Kress, the company's current executive vice president and chief financial officer.

While the company did not provide a reason for Huang's resignation, The Wall Street Journal noted that it followed revelations of two extramarital affairs: one with a suspected Chinese spy and another with an employee who reported to him.

Huang had co-founded the U.S. chipmaker in 1993 and led it for 33 years. In the process, Huang had come to be seen as the face of the AI arms race.

“Nvidia's strength has always come from its people, and together with our leadership team, I am committed to building on the extraordinary foundation Jensen created over the last 33 years,” said Kress, in the statement announcing Huang's departure.

“We will continue advancing the work that has made Nvidia a leader in accelerated computing and AI, and execute on the opportunities ahead. Our focus remains on serving our customers, partners, developers and shareholders.”