Nvidia CEO Jensen Huang resigns after affair scandal; CFO named interim leader
The board met in an emergency session after reports tied Huang to a suspected Chinese spy and to other Nvidia employees.
Nvidia CEO Jensen Huang resigned after reports that he had affairs with several women, including a business executive at Singapore-based Megaspeed whom U.S. intelligence suspects of being a Chinese spy. Huang had co-founded the chipmaker in 1993 and led it into a company valued at about $4 trillion. The board had announced an investigation the previous Sunday, and Huang admitted the relationship in an email to the company. Nvidia's board hired a law firm to lead the review, and the company said it has no reason to believe national security or company secrets were compromised. Huang had cultivated a close relationship with President Trump. The scandal has also drawn attention to the White House, as lawmakers look into Commerce Department handling of Nvidia chip export controls.
Key points
- Huang resigned after an emergency board meeting
- Reports linked him to a suspected Chinese spy and other employees
- A law firm is leading an internal investigation
- Nvidia says it has no reason to believe secrets were compromised
Read the original reporting
- New York PostHow Jensen Huang reportedly unraveled during his last hours at Nvidia: ‘I’m a piece of s–t’nypost.com
- NPR NewsNvidia CEO steps down. And, Sen. Chris Van Hollen to run for majority leadernpr.org
- CNBCHSBC downgrades Nvidia, says stock to struggle until new CEO namedcnbc.com
- BBC WorldHow a sex scandal at Nvidia is putting pressure on the White Housebbc.co.uk
Summarized with AI from the sources above and reviewed before publishing.
