Nvidia CEO Jensen Huang resigns

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The charismatic co-founder of Nvidia and AI advocate has quit after admitting an affair with an alleged Chinese spy, as the firm shed tens of billions of dollars in market value.

London | Nvidia’s shares have crashed 13 per cent after co-founder Jensen Huang resigned as president, chief executive and board member of the chipmaker after coming under scrutiny over his love life, including admitting to having an affair with a businesswoman accused of spying for China.

Nvidia’s board held crisis talks on Wednesday and Thursday as the scandal enmeshing the charismatic Huang deepened and the company shed hundreds of billions of dollars of sharemarket value over the past week.

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