Nvidia CEO Jensen Huang resigns in blow to AI boom he helped foster
Nov 12 (Reuters) - Nvidia CEO Jensen Huang stepped down on Thursday after revelations of extramarital affairs, including one involving a suspected Chinese spy, plunged the chipmaker into crisis and sent shockwaves across an AI industry he helped bankroll.
Nvidia CEO Jensen Huang announced his resignation on Thursday following the revelation of extramarital affairs, including one with a suspected Chinese spy. This development has sent shockwaves through the AI industry, which Huang had helped foster and promote. The scandal has also sparked calls for stricter restrictions on China's access to advanced AI chips, as lawmakers from both parties push for more limitations on chip exports.
Huang's departure could have far-reaching consequences for the US chip export policy and the broader AI ecosystem, given his efforts to maintain access to the Chinese market and his close ties with former President Donald Trump. The White House is considering whether to remove Commerce Secretary Howard Lutnick, who has faced scrutiny over the administration's oversight of chip sales to China.
Nvidia's CFO, Colette Kress, will serve as interim CEO while the company searches for a permanent successor.
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