# Jensen Huang resigns as Nvidia CEO over affairs > The Nvidia co-founder admitted to infidelity involving a suspected Chinese spy, triggering his resignation and congressional scrutiny of national security. - Title: Jensen Huang resigns as Nvidia CEO over affairs · TechCrunch - Summary: The Nvidia co-founder admitted to infidelity involving a suspected Chinese spy, triggering his resignation and congressional scrutiny of national security. - Keywords: jensen huang, nvidia, chinese spy, alice huang, megaspeed, ai chips, national security, trump administration, congress, colette kress, TechCrunch - Source: TechCrunch — https://techcrunch.com/2026/11/13/nvidia-ceo-jensen-huangs-affair-with-alleged-chinese-spy-a-timeline - Author: Amanda Silberling - Published: 2026-11-13T15:58:00+00:00 - Read time: 4 min - Topics: jensen huang, nvidia, chinese spy, alice huang, megaspeed, ai chips, national security, trump administration, congress, colette kress, technology, startups ## Nvidia CEO admits to affairs Jensen Huang, sixty-three, co-founder and CEO of Nvidia, admitted in a letter to employees on November eighth that he cheated on his wife of forty years. > I owe my family and all of you an apology. ## One affair involved alleged Chinese spy U.S. officials believe one of Huang's romantic interests was Alice Huang, a Megaspeed executive and Chinese citizen. They suspect she is a Chinese spy feeding information to Beijing. Alice Huang is unrelated to Jensen Huang. ## Megaspeed's massive chip purchases Megaspeed, a Singapore-based AI infrastructure company, reportedly purchased four point eight billion dollars worth of Nvidia chips over two years. The U.S. and Singapore investigated whether the firm illegally shared chips with China. ## Second affair with Nvidia executive The New York Times reported on November eleventh that Huang also had an affair with Kimberly Powell, Nvidia's vice president of healthcare who reports directly to him. ## Huang's response to Times reporter When reached by a Times reporter about the Powell affair, Huang reportedly said, I don't think you should be talking to me directly, before hanging up. Nvidia, Huang and Powell have not confirmed the report. > I don't think you should be talking to me directly. ## Third affair alleged by Reuters Reuters reported on November twelfth that Huang had yet another extramarital affair with an unnamed Nvidia employee. This emerged after Huang had already been ousted from his CEO role. ## Huang resigns as CEO On November twelfth, Nvidia's board accepted Huang's resignation. He had co-founded the company thirty-three years earlier. CFO Colette Kress became interim CEO while retaining her finance role. ## Huang doubted successor's abilities The Wall Street Journal reported that Huang had been critical of Colette Kress, describing her as a deer in the headlights during a presentation. He said she could not help him steer strategy or decision-making. > a deer in the headlights ## Huang appeared broken by resignation Bloomberg reported that Huang looked broken and shattered, his legendary energy depleted by the time he surrendered his role. He uttered phrases like whatever and I don't care. > broken and shattered ## New board chair appointed Harvey C. Jones, a managing partner of Square Wave Ventures and former CEO of Synopsys, was appointed as Nvidia's first-ever chair of the board. Jones had been on Nvidia's board since nineteen ninety-three. ## Stock plummets on scandal news Nvidia's stock fell about eight percent in after-hours trading on November eleventh and was down eleven percent over five days as the affairs became public. ## Republicans demand congressional briefing Three Republican committee chairmen requested a closed-door joint briefing with Huang on November fifth. They cited national security concerns about China's access to sensitive U.S. technology. ## Democrats investigate Trump administration On November twelfth, Representative Richard Neal and Senator Ron Wyden sent a scathing letter to Commerce Secretary Howard Lutnick. They said they would investigate how the Trump administration handled Nvidia's chip sales to China. ## Trump approved chip sales after briefing Democrats alleged that despite being briefed about Huang's relationship with the alleged spy in fall twenty twenty-five, President Trump granted Nvidia permission to sell advanced H two hundred AI chips to China in December twenty… ## Trump initially defended Huang On November eighth, President Trump said Huang was a fine person and that he should remain CEO. Trump said, I have not spoken to him about it. I just know he's a fine person. > I have not spoken to him about it. I just know he's a fine person. ## Alice Huang built chip acquisition network Alice Huang and her family built a network of companies in China and Singapore to acquire Nvidia chips. ## Huang's lawyer intervened in investigation Nvidia's head lawyer Tim Teter intervened in a twenty twenty-five U.S. government probe into suspected chip smuggling by Megaspeed. Teter contacted Commerce Under Secretary Jeffrey Kessler asking about Trump administration involvement in detaining Alice Huang. ## Huang agrees to testify before Congress On November twelfth, Huang confirmed he would testify before Congress before Thanksgiving, which falls on November twenty-sixth. The testimony is expected to take place behind closed doors but will be recorded and transcribed. ## Key takeaway Nvidia CEO Jensen Huang resigned after admitting affairs, one allegedly with a Chinese spy, prompting congressional investigation into national security risks.