Nvidia’s board of directors removed Jensen Huang as chief executive on Thursday, just three days after giving him a vote of confidence and less than a month after a national security scandal and an affair allegation began tearing through the company he founded in 1993.
\n\nThe Nvidia board reached its decision after an hours-long meeting Wednesday at the roughly $4 trillion company. It capped a remarkable stretch even by the standards of a tech industry that has watched Nvidia become the linchpin of the artificial intelligence boom. Huang had been fighting to keep his job since October 29, when the media reported on a “close relationship” between him and a woman named Alice Huang, a Chinese citizen and executive at Megaspeed, the largest buyer of Nvidia chips in Southeast Asia, who U.S. intelligence suspects of spying for Beijing.
\n\nThe company announced that CFO Colette Kress will serve as interim CEO as it searches for a permanent replacement:
\n\nColette Kress, current Executive Vice President and Chief Financial Officer of NVIDIA, has agreed to serve as Interim Chief Executive Officer. Kress will continue to serve as Executive Vice President and Chief Financial Officer while serving as Interim Chief Executive Officer until a…
Original source: https://www.breitbart.com/economy/
