Jensen Huang scandal casts doubt on Nvidia’s AI dominance

Nvidia is facing its biggest crisis in its 33 year history, with founder Jensen Huang resigning as CEO. Here's the story of the rise and fall of Jensen Huang.

Jensen Huang scandal casts doubt on Nvidia’s AI dominance

TL;DR

  • Nvidia founder Jensen Huang has resigned as CEO amid alleged affairs and a probe into chip diversion.
  • One alleged affair was with an individual connected to Megaspeed, an Nvidia customer investigated for diverting chips to Chinese companies.
  • Huang had previously discussed complying with U.S. export controls restricting sales to China in early 2023.
  • Nvidia CFO Colette Kress has been appointed interim CEO.
  • The company faced near bankruptcy in its early years and significant growth in the AI boom.