Jensen Huang's Exit Shakes AI Chip Industry and Tightens US Export Policy

Nvidia founder Jensen Huang has resigned as CEO, shaking global tech, finance, and political circles. His departure is expected to disrupt the global AI chip supply chain and strengthen U.S. political efforts to tighten chip export policies. The resignation follows reports of Huang's alleged involvement in a Chinese espionage case and an extramarital affair, with the board holding an emergency meeting. CFO Colette Kress has been appointed interim CEO, while U.S. media reported Nvidia sold approximately $4.8 billion in chips to Megaspeed, a data center company linked to an alleged Chinese spy, potentially diverting some chips to China. Bipartisan lawmakers are pushing to include stricter chip export controls in the 2027 National Defense Authorization Act, with bills like the AI Overwatch Act and Chip Security Act under review. Congressional leaders demand Nvidia prioritize national security, while officials face scrutiny over failing to blacklist Megaspeed.