justice United States
Jensen Huang resigns as Nvidia CEO amid affair and espionage allegations
550BUSDâ–Ľ from 600B
Nvidia market value wiped off
Jensen Huang resigned as Nvidia’s CEO, president and board member after reports of two affairs, including one involving a woman US intelligence agencies believe spied for China. Colette Kress became interim CEO; Nvidia lost $550 billion in market value in five days as shares fell sharply.
8 sourcesBBC News, Al Jazeera, FRANCE 24, abc.net.au, Deutsche Welle, PBS NewsUpdated
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Nvidia's board said it would begin an investigation into Jensen Huang being targeted by a foreign intelligence effort.
4 of 4 sources“Nvidia announced it had launched an investigation into whether its CEO had been “the target of a foreign intelligence effort””