Nvidia CEO Jensen Huang resigns amid FBI probe into relationships with suspected spy and executive

thetimes.com [$] —

Jensen Huang has resigned as Nvidia chief executive amid an FBI investigation following reports of romantic relationships with a suspected Chinese spy and an executive at his company. Huang admitted to being unfaithful to his wife, Lori, with a woman suspected of being a Chinese intelligence asset. Pressure mounted after reports of a second relationship with Kimberly Powell, Nvidia's vice-president of healthcare, leading to his resignation on Thursday. Chief financial officer Colette Kress will serve as interim CEO. Nvidia's board met Wednesday to discuss Huang's future and had contacted an external firm about potential successors. Shares tumbled 9% in pre-market trading, adding to $400bn in losses this week. The suspected spy, Alice Huang, allegedly gathered sensitive business information on Nvidia for China's ministry of state security.


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