Nvidia Chief Executive Jensen Huang Resigns Amid Chinese Espionage Allegations, Erasing Billions in Market Value
Jensen Huang stepped down immediately as the head of the artificial intelligence chipmaker Nvidia following reports of an extramarital affair with a suspected Chinese intelligence operative. The sudden departure of the company's founder wiped more than 300 billion dollars from Nvidia's market valuation in a single day, unsettling global financial markets and triggering intense national security concerns regarding the safety of advanced technology supply chains.