Huang, Nvidia’s fourth-largest shareholder with a 3.61% stake, will also step down from the board. (EPA Images pic)BENGALURU: Nvidia CEO Jensen Huang stepped down on Thursday after revelations of extramarital affairs, including one involving a suspected Chinese spy, plunged the chipmaker into crisis and sent shockwaves across an AI industry he helped bankroll.

Huang's exit caps a tumultuous week for Nvidia, one of the major engines behind the AI boom, and could have far-reaching consequences for US chip export policy and the broader AI ecosystem, given the ex-CEO's push to preserve access to the Chinese market as well as his close ties with US President Donald Trump.

Huang also had an intimate relationship with a second Nvidia employee, according to two people familiar with the matter, Reuters has learned. Reuters is not naming the woman, and attempts to reach her were not successful. Nvidia declined to comment.