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Jensen Huang scandal casts doubt on Nvidia’s AI dominance — how we got here

CNBC World •
November 13, 2026 • 12:00 PM
• By Katie Tarasov
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Nvidia is facing its biggest crisis in its 33 year history, with founder Jensen Huang resigning as CEO. Here's the story of the rise and fall of Jensen Huang.

Jensen Huang scandal casts doubt on Nvidia’s AI dominance — how we got here

Nvidia is facing one the biggest crises in its 33 year history, with founder Jensen Huang resigning as CEO Thursday after multiple reported affairs, including one with a woman alleged to be a Chinese spy. Now CFO Colette Kress has taken the helm as Nvidia's interim CEO.

The implications of Huang's affair with Alice Huang run far deeper than infidelity. That's because her ties to Nvidia customer Megaspeed put her in the middle of a sprawling effort to accumulate AI chips across Southeast Asia. And Megaspeed is under investigation for possibly diverting restricted Nvidia chips into the hands of Chinese companies.

The relationship between Jensen Huang and Alice Huang dates back to 2023, according to The New York Times . That was a "turbulent" period for Nvidia, Jensen Huang told CNBC during an interview at the time. Nvidia was in the midst of redesigning some chips to comply with the first in a series of strict export controls imposed by the U.S. government that restricted sales to China.

"The regulation is going to be just fine. We're going to be able to work through it," Huang told CNBC from Nvidia's headquarters in February 2023. The interview was for a documentary about how Huang created Nvidia and built it into the backbone of the AI boom.

That same day, CNBC also interviewed Kimberly Powell, Nvidia's vice president of healthcare, with whom Jensen Huang reportedly had an affair.

It's not the first time Nvidia has faced an uncertain future. The company nearly went bankrupt in the early years after it was founded in 1993.

"Every company makes mistakes and I make a lot of them," Huang said in the 2023 interview. "And some of them put the company in peril."

In the early months of the AI boom, after OpenAI launched ChatGPT in November 2022, Nvidia was on the precipice of historic growth. Jensen Huang told CNBC he'd like to keep running the company for "three or four decades," as long as "I feel that I'm making a real contribution to the company."

Less than four years later, Jensen Huang is out, and we're taking a look back at our interviews with the Nvidia co-founder and other company executives as the chipmaker enters this next critical chapter. Watch the video for the full story.

WATCH: The rise, reinvention and uncertain future of Nvidia without Jensen Huang

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Same Story from Other Publications

Compare how 6 other independent news outlets reported on this story.

6 Publications
ABC News Australia
14h ago
Nvidia's Jensen Huang scandal brings China's spy networks into view

Nvidia's Jensen Huang scandal brings China's spy networks into view

With all eyes on the Nvidia sex scandal, questions are being asked about China's vast and complex spy networks, and just how much influence they have around the world.

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The Guardian
12h ago
A timeline of the affair scandal that sank Nvidia’s Jensen Huang

A timeline of the affair scandal that sank Nvidia’s Jensen Huang

CEO behind the meteoric rise of Nvidia stepped down after it was revealed he had an affair with an alleged Chinese spy

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BBC News
16h ago
Scandal-hit Nvidia CEO Jensen Huang quits, plunging AI chipmaking giant into turmoil

Scandal-hit Nvidia CEO Jensen Huang quits, plunging AI chipmaking giant into turmoil

US lawmakers now want to question Huang over whether one of his alleged relationships was with a Chinese spy.

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The Next Web (TNW)
2h ago
Alice Huang barred from Singapore and Taiwan after Nvidia scandal

Alice Huang barred from Singapore and Taiwan after Nvidia scandal

Singapore “received limited information or assistance” from the US, it says, as it bars Alice Huang over inaccurate information to police.

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CNN International
4h ago
What’s next for the global economy after Jensen Huang’s stunning fall from NVIDIA? | CNN Business

What’s next for the global economy after Jensen Huang’s stunning fall from NVIDIA? | CNN Business

CNN Senior Business Reporter David Goldman joins Audie Cornish to discuss how Jensen Huang’s downfall at NVIDIA could impact everything from the AI boom to your 401k

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Wired
14h ago
‘Bring Back THE Boss’: Nvidia Employees Petition for Jensen Huang’s Return

‘Bring Back THE Boss’: Nvidia Employees Petition for Jensen Huang’s Return

An internal post urging the board to consider employee sentiment about Nvidia’s former CEO has drawn more than 1,600 comments, the majority in full support of reinstalling him.

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