Nvidia's Jensen Huang Resigns After Acknowledging Affair With Woman U.S. Officials Believe Is a Chinese Spy

Jensen Huang has resigned as chief executive of Nvidia, the American company that makes the chips used in artificial intelligence. He had acknowledged an affair with a woman whom U.S. intelligence officials believe to be a Chinese spy, according to the New York Times.

The resignation followed revelations of a second affair, this one with a subordinate, meaning an employee who reported to him. The Times reported both developments on November 15, 2026.

The intelligence claim concerns the first relationship. U.S. intelligence officials believe the woman to be a spy, which means a person secretly gathering information for a foreign government. The officials' belief is the characterisation attributed to them.

Nvidia's business was affected quickly. According to the Times, the company's stock lost hundreds of billions of dollars in market value in the days after Huang's resignation. Market value is the total worth of a company's shares as traded on the stock market.

Huang's acknowledgment of the affair is the central public statement attributed to him so far. Nvidia has become one of the most valuable companies in the world largely on the strength of demand for its AI chips, and the company's leadership change now comes during that period of heavy investor attention.