Nvidia CEO Jensen Huang has resigned following reports that he had multiple extramarital relationships, including one with a suspected agent of China and another with an executive who reported to him — a stunning turn of events for the head of a company at the heart of the global AI investment boom.
Colette Kress, the company’s chief financial officer, will become interim CEO, Nvidia’s board said in a statement.
Nvidia shares plunged more than 11% after the board’s announcement. A company spokesperson clarified that Huang will not be working with NVIDIA in any capacity going forward.
SourceJust like CZ, Hwang has gone on the bench following his resignation due to the infidelity scandal, I still believe he'll be very active in the activities of the company off the camera. It's hard to believe he's not going to be involved with NIVIDA after now. I believe his resignation was the best decision not to allow his personal scandal continue affecting the performance of the company.