Jensen Huang resigned as CEO of Nvidia, a top producer of artificial intelligence chips, on Thursday following reports of two extramarital affairs, including one with a suspected Chinese spy.

Huang also stepped down as a member of the Board, effective immediately, Nvidia’s board of directors announced Thursday.

Huang’s departure comes after the company launched an investigation into a relationship he admitted having with a woman U.S. intelligence officials reportedly determined was a Chinese asset and after subsequent reports of a second affair he had with an executive who reports to him.

The incoming Democratic-controlled Congress is also gearing up to investigate Huang and to what extent President Donald Trump knew about China’s alleged spying.

The New York Times reported Wednesday that Huang also had an intimate relationship with Kimberly Powell, Nvidia’s vice president of healthcare. The Times cited five people who worked at the company.

In a statement on Sunday, shortly after the investigation was announced, Nvidia’s board said that it “prioritizes U.S. national and economic security, which is paramount to the interests of NVIDIA and its shareholders.” It added that it “has no reason to believe that either national security or NVIDIA secrets were compromised.”

Huang also apologized in a statement to the company, saying, “I was unfaithful to my wife,” and that “My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry.”

Huang founded Nvidia in 1993. The company is valued at more than $4 trillion, with individual stocks trading around $160.50 as of Wednesday night.

This is a developing story. Check back for updates.

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