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Jensen Huang resigns as Nvidia CEO

Jensen Huang
Jensen Huang · Official Photo by Simon Liu / Office of the President

Jensen Huang has left Nvidia as chief executive, The Verge reported, days after reports that the board was preparing to oust him following an investigation into his affair with a woman alleged to be a Chinese spy. The board's press release announcing his exit did not include a quote from Huang.

Chief financial officer Colette Kress is interim CEO. She joined Nvidia in 2013 after working at Cisco and Microsoft, and as CFO she criticized US export controls on China, the New York Times reported. Nvidia also named former Synopsys CEO Harvey C. Jones as its first-ever board chair.

Huang spent 33 years building Nvidia from a graphics chip maker into the supplier behind the AI boom, the Wall Street Journal reported. He owns 3.6% of the company.

Under his leadership, Nvidia put its profits into funding AI startups, suppliers and its own chip customers, a network of dependencies that the Financial Times reported could now come apart.

Sources

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