Jensen Huang has resigned from his positions as Chief Executive Officer, President, and Board Member of NVIDIA, with the resignation taking effect immediately. The company confirmed this news in a statement on Thursday, following a meeting of the board of directors held late on Wednesday.

This change occurred following reports regarding two extramarital affairs. One of these involved a former Megaspeed executive, Alice Huang, who is alleged to have been suspected by U.S. intelligence agencies of engaging in espionage for China; the other involved Kimberly Powell, the vice president of NVIDIA's medical business who reported her work to Jensen Huang. NVIDIA has not made any further comments regarding these reports.

The company's Chief Financial Officer, Colette Kress, has been appointed as the interim Chief Executive Officer. NVIDIA has also appointed former CEO Synopsys, Harvey C, as the company's first Chairman of the Board of Directors in its history.

NVIDIA's statement did not include any comments from Jensen Huang. Kress indicates that she will build upon the foundation established by Jensen Huang over the past 33 years and continue to focus on customers and shareholders.

The board of directors has begun the process of finding a permanent CEO and will consider both internal and external candidates. Reports mention that Apple's hardware head, Johny Srouji, is also among the candidates being considered.

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