Nvidia CEO's exit after affairs and shady deals leaves CFO 'deer in headlights'

Nvidia's long-time CEO Jensen Huang has resigned amid revelations of multiple extramarital affairs with employees and a Chinese espionage investigation, leaving the company in turmoil. According to the Wall Street Journal, Huang had privately dismissed his successor—CFO Colette Kress—as incapable of steering strategy, calling her 'a deer in the headlights' during discussions about billions in credit guarantees for data center operators, including questionable deals involving his son-in-law.

The interim CEO now inherits a mess of internal scandals and murky financial arrangements, including Kress having questioned Huang's family-involved deals and scaling back a massive $250 billion OpenAI credit commitment to $105 billion. For engineers and investors, this leadership chaos at a critical AI hardware giant creates uncertainty about strategic direction and governance, proving that even tech titans can implode from personal scandals and opaque deal-making.