The CEO involved in the Nvidia espionage scandal has resigned

Jensen Huang has resigned as CEO of Nvidia amid a scandal involving an alleged affair with a woman suspected of espionage for China. The company's board was considering his dismissal after the affair was revealed. Colette Kress, Nvidia's CFO, will serve as interim CEO. Following the announcement, Nvidia's stock dropped by 10%. Huang acknowledged the affair, which led to an internal investigation. Nvidia is a leading chip manufacturer and a key player in the AI market, making Huang one of the most influential business figures. Despite warnings from U.S. intelligence about Huang's connections, no action was taken by the Trump administration.