Nvidia's Jensen Huang resigns after spy affair allegations

Jensen Huang has resigned as Nvidia's chief executive following allegations of affairs with a Chinese spy and an Nvidia executive, ending his tenure leading the AI chipmaker he co-founded. His resignation on Thursday marks a dramatic fall for the multibillionaire, whose company's valuation dropped to about $4tn this week. Huang, 63, co-founded Nvidia in 1993 and built it into the dominant supplier of graphics processor units essential for AI systems like ChatGPT. His technical expertise and charisma won over customers and investors, with the company reaching a $5tn valuation in October, the first ever to do so. His 3.6% stake is worth $145bn. Huang's rise began with humble jobs at Denny's, and he was celebrated as a "rockstar" of the AI boom, feted by global leaders and tech executives. His resignation follows a career marked by intense drive, though critics noted his temper, with one journalist describing his anger as "wildly inappropriate" during a 2024 interview.