# Nvidia CEO quits over affair with suspected Chinese spy

> Jensen Huang resigned after revelations of affairs, one allegedly with a Chinese intelligence asset. Congress now demands answers about national security risks.
- Title: Nvidia CEO quits over affair with suspected Chinese spy
- Summary: Jensen Huang resigned after revelations of affairs, one allegedly with a Chinese intelligence asset.
- Keywords: jensen huang, nvidia, chinese spy, congress testimony, ai chips, howard lutnick, senate banking committee, BBC News
- Source: BBC News — https://bbc.co.uk/news/articles/cmq5vd1wdgz6o
- Read time: 2 min
- Topics: jensen huang, nvidia, chinese spy, congress testimony, ai chips, howard lutnick, senate banking committee, news, world
## Huang quits after affair revelations
Jensen Huang abruptly resigned as Nvidia CEO on Thursday after reports of alleged extramarital affairs. One woman he allegedly had an affair with is suspected of being a Chinese spy.
## Nvidia stock plummets five hundred fifty billion
Nvidia has lost five hundred fifty billion dollars, or four hundred fifteen billion pounds, in stock market value in just five days as the scandal dominated headlines.
## Congress demands testimony in December
Senator Tim Scott summoned Huang to testify before the Senate Banking Committee on December third. Three House committees also requested a closed-door interview on December first.
## National security concerns raised
Scott said recent reports raise serious concerns about national security and protection of sensitive US technology. The American people deserve answers, he posted on X.

> The American people deserve answers
## Alice Huang worked at Singaporean firm
Alice Huang, no relation to Jensen, worked as an executive at Singaporean firm Megaspeed. She has been suspected of being an intelligence asset for China, according to the New York Times.
## Second affair with Nvidia executive
On Wednesday, Huang was reported to have had a second relationship with Kimberly Powell, a long-time Nvidia executive who reported directly to him. Nvidia employees had noticed the pair were unusually close.
## Lutnick also summoned to testify
Commerce Secretary Howard Lutnick has also been summoned to appear before the Senate Banking Committee in December. Unnamed officials say Lutnick stalled efforts to tighten export restrictions on advanced AI chips to China.
## Colette Kress named interim CEO
Nvidia named Chief Financial Officer Colette Kress as interim CEO on Thursday. The company is now hunting a permanent replacement for Huang, who had led Nvidia since nineteen ninety-three.
## Worst five-day drop in company history
Nvidia's stock fall this week is the most significant five-day drop since going public twenty-seven years ago. Its market value is now down thirty-one percent against wider uncertainty in the tech sector.
## Key takeaway

Nvidia CEO Jensen Huang resigned after affairs emerged, one with a woman suspected of being a Chinese spy. Congress has summoned him to testify about national security concerns.