Nvidia CEO Jensen Huang Resigns, Creating Uncertainty for the AI Sector

Nvidia CEO and co-founder, Jensen Huang, resigned on Thursday in a stunning turn of events that upends the world’s second-most-valuable company and rattles one of the foundations of the AI economy. Finance chief Colette Kress will become interim CEO, Nvidia said in a statement. The move came three days after the board announced an independent investigation into reports that Huang was the target of a “foreign intelligence effort.” U.S. intelligence agencies reportedly concluded earlier this year that Huang had developed a close relationship with a woman they believed was spying for Beijing. Huang on Sunday also apologized to Nvidia employees for having an extramarital affair.