Nvidia CEO Jensen Huang resigns, shaking the AI sector

rfi.fr (Romanian) —

Nvidia CEO Jensen Huang resigned from his leadership roles Thursday, the company's board announced, with CFO Colette Kress assuming interim leadership. The move sent shockwaves through the AI sector and caused Nvidia shares to drop over 10% in pre-market trading. The resignation follows revelations of Huang's extramarital affair with Alice Huang, a Chinese businesswoman suspected by US authorities of espionage for Beijing, and a second reported relationship with Nvidia vice president Kimberly Powell. The board has launched an independent investigation and a search for a permanent CEO, while Huang confirmed the relationship and apologized to his family. Huang co-founded Nvidia in 1993 and holds approximately 3.61% of the company, valued at $4 trillion. His departure creates uncertainty for the AI ecosystem he helped finance and could impact US chip export policy, given his efforts to maintain Chinese market access and his close ties with President Donald Trump.


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Nvidia CEO Jensen Huang resigns, shaking the AI sector | News Minimalist