From The Morung Express
NVIDIA CEO Jensen Huang steps down amid controversy
What's behind this
Nvidia announced that co‑founder Jensen Huang has stepped down as president, chief executive officer and board member, effective immediately, amid mounting scrutiny over an alleged affair with a Chinese businesswoman suspected of ties to Beijing. The resignation was announced on November 12 and led to Colette Kress being appointed interim chief executive. Shares fell more than 13 % in pre‑market trading and the company has reportedly lost about $800 billion this week. The controversy also involves Alice Huang, linked to Jensen Huang, whose firms invested in DeepSeek to secure Nvidia’s Blackwell chips and are under investigation in Singapore.
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New Delhi, November 12 (IANS): NVIDIA Corp. on Thursday said Jensen Huang has stepped down as President, Chief Executive Officer and a member of the company's Board of Directors, effective immediately amid mounting scrutiny over a reported affair with a woman whom US authorities suspected of having…