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Nvidia CEO Jensen Huang Reportedly Resigns Over Alleged Affairs

Nvidia CEO Jensen Huang Reportedly Resigns Over Alleged Affairs

Nvidia Chief Executive Officer, Jensen Huang, has reportedly resigned following allegations of two extramarital affairs, one of which allegedly involved a woman suspected of being a Chinese spy.

The company disclosed the development on Thursday, according to the Wall Street Journal.

CFO Named Interim CEO

Nvidia said its Chief Financial Officer, Colette Kress, had agreed to serve as interim CEO pending the appointment of a permanent successor.

The company's board has reportedly commenced the search for a new chief executive and will consider both internal and external candidates.

DAILY POST reports that Huang had on Sunday admitted to having a relationship with a woman from another company, who was also reportedly suspected of being a Chinese spy.

Board Launches Investigation

The allegations reportedly triggered an investigation by Nvidia's board, while the controversy was said to have affected the company's financial fortunes, with its stock reportedly crashing.

The allegations also attracted attention from the Chinese government, which urged the United States not to use Huang's situation as a justification for imposing further technology restrictions on China.

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