Jensen Huang has resigned as CEO of Nvidia effective immediately

Nvidia's board is preparing to dismiss CEO Jensen Huang following revelations of two extramarital affairs, one involving a woman suspected of espionage for China. Huang preemptively resigned. Nvidia's stock dropped 10% amid the crisis, raising concerns about the company's future in the AI investment boom. Huang admitted to his infidelity in an email to employees, expressing remorse for betraying his family and colleagues. He emphasized his commitment to regain trust and continue leading Nvidia. Reports suggest that one of the women involved, Alice Huang, has ties to Chinese intelligence, raising further scrutiny.