The scandal of personal relationships and the suspicion of Chinese espionage; Nvidia's CEO resigned.
Nvidia CEO Jensen Huang has stepped down after 33 years. The company announced that Colette Kress, CFO, will take over the management until a permanent successor is chosen. Huang's resignation comes after reports surfaced about his personal relationships with Alice Huang, a businessman and entrepreneur who previously worked for Nvidia client Chinese company Megaspeed, and Nvidia's vice president of health, Kimberly Powell.
At the same time, the accusation of Alice Huang's connection with Chinese espionage also raised concerns about Beijing's access to the company's technology and secrets.