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Former Nvidia CEO Jensen Huang resigns amid scandal

Former Nvidia CEO Jensen Huang resigns amid scandal

Thairath•International•37m ago

Reader Briefing

Jensen Huang resigned as CEO of Nvidia following revelations of extramarital affairs, including with a company executive and a suspected Chinese spy.

  • •Jensen Huang resigned as CEO of Nvidia on a Thursday following pressure from extramarital affair scandals.
  • •Reuters reported Jensen Huang had an affair with a third woman who is an Nvidia employee and senior executive.
  • •US politicians are calling for Jensen Huang to testify before Congress regarding a relationship with Alice Huang, suspected of being a Chinese spy.
  • •Nvidia's market value dropped by approximately 550 billion US dollars within 5 days.

Overview

  • •Jensen Huang resigned as CEO of Nvidia on a Thursday following pressure from scandals involving extramarital affairs.
  • •Jensen Huang admitted on November 8 that Jensen Huang cheated on spouse Lori Huang after reports of a relationship with Alice Huang.
  • •Alice Huang, a former executive at Megaspeed in Singapore, is suspected by US intelligence of being a Chinese spy.
  • •Elizabeth Warren, Chris Coons, and Democratic members of the House Foreign Affairs Committee requested Jensen Huang clarify the security risks of the relationships to Congress.
  • •Nvidia appointed Colette Cressey, Chief Financial Officer, as interim CEO and began searching for a permanent successor.
  • •Nvidia's stock price fell 5.5% on Thursday, contributing to a total market value loss of 550,000 million US dollars over 5 days.
  • •The decline in Nvidia's stock may affect general public savings as Nvidia makes up approximately 7% of the S&P 500 index.

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Key Entities

Person

Jensen Huang(เจนเซน หวง)ℹ️
Former CEO of Nvidia who resigned amid scandals involving extramarital affairs.
Alice Huang(อลิซ หวง)ℹ️
A former executive at Megaspeed suspected by US intelligence of being a Chinese spy.
Kimberly Powell(คิมเบอร์ลี พาวเวล)ℹ️
Vice President of Health Business at Nvidia.
Lori Huang(ลอรี หวง)ℹ️
The spouse of Jensen Huang for 40 years.
Elizabeth Warren(เอลิซาเบธ วอร์เรน)ℹ️
A US Senator who called for Jensen Huang to testify before Congress.
Chris Coons(คริส คูนส์)ℹ️
A US Senator who called for Jensen Huang to testify before Congress.
Todd Blanche(ท็อดด์ บลองช์)ℹ️
Acting US Attorney General.
Colette Cressey(โคเล็ตต์ เครส)
Chief Financial Officer of Nvidia appointed as interim CEO.

Organization

Nvidiaℹ️
A high-performance processor manufacturer for AI development.
Reuters(รอยเตอร์)ℹ️
A news agency that reported on Jensen Huang's relationship with company employees.
Congress(สภาคองเกรส)ℹ️
The US legislative body where politicians requested Jensen Huang provide clarification.
House Foreign Affairs Committee(คณะกรรมาธิการกิจการต่างประเทศของสภาผู้แทนราษฎร)ℹ️
A US House committee whose Democratic members requested Jensen Huang's clarification.
Megaspeed(เมกาสปีด)
A company in Singapore where Alice Huang previously served as an executive.
New York Times(นิวยอร์กไทมส์)ℹ️
A news outlet that reported on Alice Huang's suspected ties to Chinese intelligence.
Department of Justice(กระทรวงยุติธรรม)ℹ️
The US government department investigating Alice Huang's involvement in espionage.
S&P 500ℹ️
A major stock index in which Nvidia accounts for approximately 7% of the value.

Place

Singapore(สิงคโปร์)ℹ️
The location of the company Megaspeed.
China(จีน)ℹ️
The country that denied allegations that Alice Huang worked for its intelligence agency.