The Chief Executive Officer of Nvidia, Jensen Huang, has resigned following two alleged extramarital affairs, including one with a suspected Chinese spy and another with a company employee.
The company disclosed this on Thursday, according to the Wall Street Journal.
The firm said its Chief Financial Officer, Colette Kress, had agreed to serve as interim CEO until a permanent successor is appointed. The board has begun searching for the company's next CEO and will consider both internal and external candidates.
Saga Gist reports that Huang on Sunday admitted to having a relationship with a woman from another company, who was also reportedly suspected of being a Chinese spy.
The incident reportedly had a ripple effect on the firm's fortunes, with Nvidia's stock crashing.
The company's board launched an investigation into the allegations against Huang.
The Chinese government had urged the United States not to use Huang's situation as a justification for imposing technology restrictions on the country
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