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Jensen Huang resigns as Nvidia CEO amid affair and spy claims

Original title: The unfolding Jensen Huang scandal: a timeline

TechCrunch · AIby Amanda Silberling ()7 min read1
Part of a story covered by 21 sourcesNvidia accepts Huang’s resignation as Democrats probe China chip salesMerged summary & timeline
AI summary · x-ai/grok-4.7Summaries by Vani AI

An SEC filing says the board accepted his Wednesday resignation and named CFO Colette Kress interim CEO.

Nvidia confirmed in an SEC filing that its board accepted Jensen Huang's resignation on Wednesday. CFO Colette Kress will serve as interim CEO while also remaining CFO, and Harvey C. Jones was named the company's first board chair. U.S. officials believe Huang's reported romantic interest, Megaspeed executive Alice Huang, is a Chinese spy. The New York Times also reported an unconfirmed affair with Nvidia vice president Kimberly Powell.

Unconfirmed: Nvidia, Huang and Powell have not confirmed the Powell affair, and the spy assessment is attributed to U.S. officials.

Key facts
  • Megaspeed, a Singapore firm, reportedly bought $4.8 billion in Nvidia chips over two years.
  • The Justice Department has taken over the federal investigation into Megaspeed, the Times reported.
  • The Information reported Shanghai Century Litong facilitated $7.5 billion in Nvidia chip purchases, including banned chips.
  • House China committee Chairman Moolenaar said Huang will likely be subpoenaed if he skips a briefing.
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From the original article

7 min read at techcrunch.com

Jensen Huang has resigned from Nvidia following an affair, which could have ramifications for national security as the U. S. and China race to develop the most advanced AI infrastructure.

TechCrunch · AI

By Amanda Silberling · techcrunch.com

Read the full article at TechCrunch · AI

A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.