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Nvidia CEO Huang Steps Down Amid Espionage Allegations

BSCN avatar BSCN
1 min read
Nvidia CEO Huang Steps Down Amid Espionage Allegations

Jensen Huang has left his position leading Nvidia after 33 years with the company he helped start. The board accepted his immediate departure from all roles, naming CFO Colette Kress to serve temporarily while they look for a replacement. His exit follows reports of a personal relationship with a Megaspeed executive whom American officials identified as working for Chinese intelligence.

Senator Elizabeth Warren stated that stepping down does not end accountability questions for Huang or the company. Lawmakers want explanations about billions in chip sales to the Singapore firm and security measures against foreign intelligence operations. Nvidia stock dropped over 13 percent initially on Thursday as the board weighs candidates to permanently lead the AI chipmaker.

Read the full story on BSC News: Jensen Huang Resigns as Nvidia CEO, Colette Kress Named Interim Chief as Warren Presses Congress Demand

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