Nvidia CEO Jensen Huang resigns after his affair raises national security concerns

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The resignation occurred after revelations that he was having an affair with a former Megaspeed executive suspected of being a Chinese government agent.

HONG KONG (AP) — Nvidia CEO Jensen Huang resigned Thursday after his affair raised national security concerns.

The company named Colette Kress as interim CEO. She is the current executive vice president and chief financial officer.

Huang faced growing calls to resign after his affair with an alleged Chinese spy. Late Wednesday, media reports said Huang had another extramarital affair with an Nvidia employee who reports to him.

Shares of Nvidia, one of the largest companies in the world, plunged 10% in premarket trading Thursday.

This breaking news story will be updated. A previous version is below.

Megaspeed, the data center company at the center of the scandal engulfing Nvidia CEO Jensen Huang, pledged Thursday to cooperate with an investigation into potential risks to U.S. national security.

Nvidia’s board, meanwhile, was reportedly meeting to discuss Huang’s future after revelations that he was having an affair with a former Megaspeed executive suspected of being a Chinese government agent. The New York Times reported Wednesday that Huang also had an affair with an Nvidia executive who reported to him. The Associated Press could not independently confirm those reports.

There was no word as of early Thursday on any outcome from those discussions.

In its first statement since the scandal broke, Singapore-headquartered Megaspeed International said Thursday that it takes its obligation to comply with U.S. export control laws “extremely seriously.”

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