Nvidia CEO Jensen Huang Resigns After Affairs and Spy Allegations
Nvidia CEO Jensen Huang has resigned following allegations of infidelity and a relationship with a suspected Chinese spy, marking a sudden downfall for the tech titan. The board acted after multiple affairs were reported, including with company employees. Huang admitted to the affairs after initially denying them, and his resignation was unconditional. He reportedly expressed remorse and self-deprecation. The board launched an investigation after the Financial Times reported on his romantic relationship with Alice Huang, a suspected spy. CFO Colette Kress has taken over as interim CEO. Huang is scheduled to testify before Congress about his relationship with Alice Huang and potential risks to Nvidia's chip secrets. The company now faces the challenge of finding a permanent successor.