Jensen Huang Out at Nvidia as Spy Scandal Rocks A.I. Giant

Jensen Huang is stepping down as CEO of NVIDIA, ending his 33-year reign at the company he co-founded and sending shockwaves through the artificial intelligence industry. His departure follows reports of two extramarital affairs, including one involving a woman U.S. intelligence officials reportedly suspect of having ties to Chinese espionage. NVIDIA's board launched an investigation into potential national security concerns, Although the company has not publicly confirmed that sensitive... Information was compromised. Chief Financial Officer Colette Kress has been named interim CEO while longtime board member Harvey Jones takes over as chairman. NVIDIA shares plunged more than 12 percent following the announcement threatening to erase roughly 500 billion dollars in market value. The leadership crisis comes just days before NVIDIA's next earnings report with analysts expecting revenue to surge more than 90 percent to approximately 109 billion dollars. Now investors are questioning AI chipmaker can maintain its extraordinary growth without the man who helped build its empire. NVIDIA has not officially attributed Huang's resignation to the allegations.