Jensen Huang to testify before Congress after Nvidia ouster over China spy links
Jensen Huang, outgoing CEO of Nvidia, has agreed to testify before Congress before Thanksgiving, following his dismissal Thursday amid reports of an affair with a Chinese businesswoman identified as a Beijing intelligence asset. House Foreign Affairs Committee Chairman Brian Mast confirmed the testimony. Huang resigned after scrutiny over the alleged relationship, which reportedly facilitated $7.5 billion in chip shipments to Chinese firms. Nvidia shares fell 5.77%. The testimony will be held by video and transcribed, with the date still being negotiated. Mast noted disagreements with Huang over export controls but called Nvidia important to the U.S. CFO Colette Kress has been named interim CEO. Huang also reportedly had a relationship with Nvidia VP Kimberly Powell, per the New York Times.