Nvidia is facing one of the biggest crises in its 33-year history after founder Jensen Huang resigned as CEO on Thursday, following multiple reported affairs, including one with a woman alleged to be a Chinese spy. Chief financial officer Colette Kress has now taken over as interim CEO. The case also involves Alice Huang’s ties to Megaspeed, an Nvidia customer under investigation for possibly diverting restricted chips to Chinese companies. Jensen Huang and Alice Huang’s relationship reportedly dates back to 2023, when Nvidia was redesigning some chips to comply with U.S. export controls restricting sales to China. After nearly going bankrupt early in its history, Nvidia is entering a new chapter in the AI boom without its co-founder, who had said he hoped to lead the company for three or four more decades.
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