️🇺🇸 - Nvidia founder and CEO Jensen Huang resigned effective Thursday, following an independent investigation into his well-known affair with a Chinese business partner suspected of espionage, according to company statements and multiple reports.
CFO Colette Kress was named interim CEO, while Harvey C. Jones was named chairman of the board. The resignation comes days after the board opened an investigation into Huang's ties to the woman, Alice Huang, who US intelligence estimated was gathering information for China.
Nvidia's market cap dipped below $4 trillion as the stock fell sharply. Huang, who founded the company in 1993, stepped down after a 33-year tenure.