Nvidia, CEO Huang sued over disclosures related to suspected Chinese spy

Newswire reports that Nvidia CEO Jensen Huang resigned and stepped down from the company’s board with immediate effect, with the board announcing his departure on Thursday, November 12. The outlet says the move followed an internal investigation. Nvidia’s departure marks the end of Huang’s leadership of the company, which he founded in 1993, according to Newswire.

Newswire reports that the company’s inquiry examined two alleged extramarital affairs. One involved a woman whom U.S. intelligence officials had assessed as a suspected Chinese asset, and the other involved Kimberly Powell, Nvidia’s vice president of healthcare, who reported directly to Huang. Newswire says Nvidia had stated it had no reason to believe company secrets or national security had been compromised and emphasized its focus on U.S. national and economic security.

Newsfirst reports that President Donald Trump said the FBI was investigating an alleged affair between Huang and a suspected Chinese spy, and that Trump had spoken with Huang on Monday. Newswire reports that an incoming Democratic-controlled Congress was preparing to investigate the matter and examine what Trump knew about the alleged Chinese espionage. Newswire also says Huang apologized to Nvidia and his family, acknowledging his infidelity.

Before the resignation announcement, Hiru News reported that Nvidia was preparing to fire Huang, while Ada Derana reported that the board was reportedly preparing to oust him. Ada Derana separately reports that Trump said former Apple CEO Tim Cook should replace Huang. Hiru News also reported that Huang’s situation prompted sympathy and disbelief in his birthplace, Taiwan.

Written automatically by AI from the outlets’ own reports, and not reviewed by an editor. It can be wrong — the original report is the authority.