Jensen Huang resigns as Nvidia CEO after board opens investigation

Jensen Huang resigned as Nvidia's CEO this morning, capping a sudden fall for the man who co-founded the chipmaker in 1993. The Verge reports the board opened an investigation into multiple extramarital affairs Huang had with a direct report and an alleged Chinese spy. The internal emails describing the fallout were published in full by The Verge, including the board's memo and a note that warns of an 'extraordinarily difficult period' ahead.

Harvey Jones, the company's new and first-ever Chair of the Board, told employees about the resignation in an email. That same message announced CFO Colette Kress as interim CEO. Jones framed the change as a board decision made as its investigation got underway.

Kress sent her own first message to staff in the interim role, which The Verge also published in full. The two documents went out to Nvidia employees as the company absorbs the exit of the only CEO it has ever had.

The Verge's report lays out the sequence in the company's own words, from Jones's statement to the board through Kress's opening note to the workforce.