Huang’s resignation has sent shockwaves through the AI industry, after revelations of extramarital affairs, including one involving a suspected Chinese spy
Full report: Jensen Huang resigns as Nvidia CEO
Analysis: Jensen Huang built an AI kingdom. Now he’s gone, will Nvidia’s ramparts be breached?
Jensen Huang is expected to testify before the US Congress in the next fortnight, after the Nvidia CEO stepped down from the multi-trillion dollar company on Thursday, plunging the chipmaker into crisis and sending shock waves across the global AI industry.
House foreign affairs chair Brian Mast, a Florida Republican, told reporters on Thursday that congressional staff spoke to Nvidia on Wednesday night about a date and location for Huang’s testimony.
Jensen Huang resigned on Thursday as chief executive of Nvidia after reports of extramarital affairs with an alleged Chinese spy and a company employee, bookending a stunning fall from grace of one of the leading figures of the AI boom. He will be replaced on an interim basis by Nvidia’s chief financial officer, Colette Kress, until a successor is named.
Shares in the chipmaker plunged by 14% when Wall Street opened, after Huang’s departure was announced and ricocheted through the global economy, before recovering to finish more than 4% lower as uncertainty about Nvidia’s future leadership troubled investors eased somewhat.
