China rejects espionage claims involving Nvidia CEO Jensen Huang

Newswire reports that Huang resigned as Nvidia’s chief executive and stepped down from its board with immediate effect, with the board announcing his departure on Thursday, November 12. The report describes the company as a $4 trillion chipmaker Huang founded in 1993. Daily Mirror also reports that he is stepping down, while Ada Derana reports that he resigned.

Newswire says an internal investigation examined two alleged extramarital affairs. It reports that one involved a woman U.S. intelligence officials had determined to be a suspected Chinese asset, and the other involved Nvidia vice president of healthcare Kimberly Powell, who reported directly to Huang. Newsfirst reports that Trump said the FBI was investigating the alleged affair involving a suspected Chinese spy, and that he spoke with Huang on Monday after reports that the United States believed Huang had been targeted in Chinese espionage.

Newswire reports that Nvidia had said it had no reason to believe company secrets or U.S. national security were compromised, and that Huang apologized to the company and his family. Newswire also says the incoming Democratic-controlled Congress was preparing to investigate the situation, including how much Trump knew about the alleged Chinese spying.

Before the resignation was reported, Hiru News described Nvidia as preparing to fire Huang, and Ada Derana reported that the board was reportedly preparing to oust him. Ada Derana also reported that Trump said former Apple chief executive Tim Cook should replace Huang. Daily Mirror says Huang’s departure leaves the AI industry without a prominent champion and raises questions about the chipmaker’s future.

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.