Nvidia CEO to testify before US Congress on national security risks

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Nvidia CEO Jensen Huang has agreed to testify before the US Congress about potential national security risks, with a closed-door hearing possibly next week, following his resignation amid a scandal involving an alleged Chinese spy. Huang resigned Thursday after the board met to consider his removal, triggered by revelations of an extramarital affair with a subordinate and reports of diverted chips to China. Nvidia shares fell 8%, erasing $600 billion in market value over four days. President Trump suggested Apple CEO Tim Cook as Huang's replacement, while China accused the US of fabricating espionage narratives to impose a technology blockade. CFO Colette Kress will serve as interim CEO.


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