Jensen Huang resigns as Nvidia CEO after affairs and spy claims
Original title: Jensen Huang Resigns as Nvidia CEO After Affairs
CFO Colette Kress is interim CEO; Nvidia holds about 90 percent of advanced AI chips, and shares fell at the open.
Nvidia’s board said co-founder and CEO Jensen Huang resigned Thursday after a Wednesday board meeting. The New York Times reported affairs with a subordinate executive and with a woman U.S. intelligence concluded was spying for China. Officials suspect Singapore-based Megaspeed, where she was a top executive, helped smuggle restricted chips into China. China rejected the espionage and smuggling claims, and she has not commented.
Unconfirmed: Espionage and chip-smuggling claims rest on U.S. suspicions and Times reporting; China called them smears, and the woman has not commented.
- Huang, 63, had led Nvidia for 33 years, the company said.
- President Trump praised Huang and suggested former Apple CEO Tim Cook as a successor.
- The couple’s foundation held about $9 billion in assets; its future is unclear.
- Trump said he would not raise the Nvidia matter in talks with Xi Jinping next week.
- Vendors
- Nvidia
- Organizations
- Megaspeed
- Countries
- ChinaSingaporeUnited States
From the original article
14 min read at nytimes.com
Add The New York Times as a preferred source on Google Agrega The New York Times como fuente preferida en Google Jensen Huang, the co-founder and chief executive of the Silicon Valley chip giant Nvidia, resigned on Thursday, according to the company’s board of directors, capping a swift, stunning fall of one of the most powerful figures in the A. I. boom.
By speckx · nytimes.com
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