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Jensen Huang has resigned as Nvidia CEO after 33 years at the helm, amid controversy over an affair with a suspected Chinese spy and allegations of another extramarital relationship, KBS World reports. The Wall Street Journal reported that Nvidia's board was preparing to oust him after two extramarital affairs, and Reuters said the board met late Wednesday to decide his fate, Korea Times reports. Chief Financial Officer Colette Kress, who joined the chipmaker in 2013, has been named interim CEO, Korea Times reports. Nvidia's forward price-to-earnings ratio has fallen to around 12 times, its lowest level in 14 years, following a sharp drop in share price, Business Korea reports. U.S. President Donald Trump said former Apple CEO Tim Cook should replace Huang, calling Cook 'a legend,' Korea Times reports. Korean outlets frame the resignation as a blow to the AI industry, with Korea Times noting it leaves the industry 'without its biggest champion.'