Nvidia CEO quits following affair allegations involving suspected spy

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Nvidia chief executive Jensen Huang is stepping down following allegations he had an affair with a suspected spy. Nvidia chief executive Jensen Huang is stepping down, leaving the…

Nvidia chief executive Jensen Huang is stepping down, leaving the artificial intelligence industry without its biggest champion and clouding the future of the chip maker he built into an AI powerhouse.

Chief financial officer Colette Kress will take over as interim chief executive as ‌Nvidia looks for a permanent successor, the US company said on Thursday.

It named former Synopysys chief executive and board member Harvey Jones as its first-ever board chairman.

Huang, ‌who co-founded Nvidia and is its fourth-largest investor with a stake of about 3.61 per cent, will exit the board as well.

Nvidia shares in the US fell more than 14 per cent at the opening bell on Thursday, before recovering to a decline of about 5 per cent.

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Pressure had been mounting on Huang in recent days after reports said the 63-year-old, who is married, had an affair with businesswoman Alice Huang, who US authorities suspect of spying for China.

Nvidia's board met on Wednesday to consider removing him, a person familiar with the matter said, after reports earlier in the day that Huang also had an extramarital affair with a senior company executive who reported to him.

Nvidia's chips dominate the data centres that train and run AI systems, placing it at the centre of both the US-China technology race and a massive wave of investment reshaping the US economy.

Début de l'article, extrait de SBS News. Pour lire la suite, ouvrez l'article chez le média.