Nvidia CEO Jensen Huang resigns after his affair raises national security concerns
Nvidia CEO Jensen Huang resigned Thursday after his extramarital affair raised national security concerns. The company named Colette Kress as interim CEO. She is the current executive vice president and chief financial officer. Huang faced growing calls to resign after his affair with an alleged Chinese spy. Late Wednesday, media reports said Huang had another […]
Nvidia's CEO, Jensen Huang, abruptly resigned from his position due to concerns over his extramarital affair that raised national security issues. The company appointed Colette Kress as the interim CEO, who serves as the current executive vice president and chief financial officer. Huang faced mounting pressure to step down after it was revealed that he had another affair with an Nvidia employee.
The board of directors also announced Harvey C. Jones as the first-ever chairman of the company. Nvidia's shares experienced a significant drop of 10% in premarket trading. The company's board had convened to discuss Huang's future after learning of his relationship with a former Megaspeed executive, who was suspected of being a Chinese government agent.
The New York Times reported that Huang also had an affair with an Nvidia executive who reported to him. Megaspeed, a Singapore-based company, expressed its commitment to complying with U.S. export control laws and cooperated with the U.S. Department of Commerce's Bureau of Industry and Security. While Nvidia claimed it had no evidence of compromised national security or Nvidia secrets, their inquiry would scrutinize all available information.
Written by urgent.news from CityNews's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Nvidia CEO Jensen Huang resigns after his affair raises national security concerns winnipegfreepress.com