Nvidia CEO Jensen Huang resigns, effective immediately

Nvidia announced Thursday that Jensen Huang has resigned as president, chief executive and a member of the board, effective immediately. Chief financial officer Colette Kress will serve as interim CEO, and Harvey C. Jones was named the company's first-ever board chair. The resignation follows New York Times reports that Huang had an affair with Alice Huang, a Megaspeed executive suspected of being a Chinese government agent. Nvidia says it has 'no reason to believe' national security or Nvidia secrets were compromised; China has denied trying to ensnare Huang. Nvidia shares fell sharply Thursday, AP reports.