Nvidia CEO Jensen Huang has resigned
The FBI is investigating as Nvidia's board holds urgent talks over Huang's future.
TL;DR
- Nvidia CEO Jensen Huang has resigned following revelations of two extramarital affairs.
- One affair was with a woman suspected by US authorities to be a Chinese spy.
- Another affair was with a senior Nvidia executive.
- Nvidia CFO Colette Kress will be the interim CEO.
- Nvidia shares dropped more than 10 percent in pre-market trading after the announcement.
- Huang cofounded Nvidia in 1993 and led it to become a key player in AI infrastructure.
- The resignation wiped off over $400 billion in market capitalization.