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Nvidia crisis: Huang agrees to testify before Congress on Chinese 'spy' scandal

Jensen Huang has agreed to testify before the US Congress regarding export controls and Nvidia's activities. His resignation as CEO follows an affair involving a woman suspected of spying for China. Colette Kress has been named interim CEO while the board seeks a permanent replacement. Additionally, Harvey C. Jones has been appointed as Nvidia's first chair. This development is critical given…

Nvidia crisis: Huang agrees to testify before Congress on Chinese 'spy' scandal

US President Donald Trump expressed sadness upon learning of Nvidia CEO Jensen Huang's resignation, describing it as a "horrible thing" and stating it was "so sad to see happen." Trump, who had previously praised Huang's work at Nvidia, endorsed Apple CEO Tim Cook to take Huang's place, stating "A Legend replaces a Legend." Huang had resigned amid allegations that Alice Huang, a Chinese businesswoman, was suspected of having ties to Chinese intelligence.

Trump's comments came as Huang faced scrutiny over reports of alleged affairs with two women, one of whom is suspected of espionage. Trump reportedly continued to defend Huang, praising his contributions to the company, even after intelligence agencies concluded Huang had been involved in an affair with a woman suspected of being a spy. US officials have not yet determined whether Alice Huang was a Chinese spy.

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