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Jensen Huang resigned as Nvidia CEO amid reports of affairs and scrutiny over possible national security risks.

Nvidia said Huang’s resignation took effect immediately, and several outlets reported that CFO Colette Kress would serve as interim CEO while the board considers a permanent successor. Reports linked the departure to allegations of extramarital relationships, including one involving a person suspected of ties to Chinese intelligence; those allegations and their security implications have not been established as fact.

What the reports agree on

  • Jensen Huang resigned as Nvidia’s CEO. CBS News, BBC US, France24, Newsweek and 4 more
  • Nvidia appointed CFO Colette Kress as interim CEO. Newsweek, Guardian World, ABC News, PBS NewsHour and 3 more
  • Reports linked Huang’s departure to allegations of extramarital affairs. BBC US, France24, Newsweek, BBC World and 4 more
  • One reported relationship involved a person suspected of ties to Chinese intelligence. CBS News, BBC World, The Hill, Al Jazeera and 3 more

Where reports differ

  • Reports gave different estimates of Nvidia’s market-value loss: Al Jazeera said it exceeded $600 billion during the week, while Newsweek said it topped $1 trillion shortly after Thursday’s market open. Al Jazeera
  • Newsweek reported that Nvidia’s market value had fallen by more than $1 trillion shortly after Thursday’s market open. Newsweek

Reported by one outlet

  • Nvidia’s board said it would consider internal and external candidates for a permanent CEO. PBS NewsHour
  • Nvidia’s board named Harvey C. Jones its first chair. Newsweek
  • Nvidia said it had no reason to believe national security or company secrets were compromised. PBS NewsHour
  • Trump urged Huang to fight for his job before Huang resigned, according to people briefed on their conversation. The Hill

The original reports

Monday's biggest stories, one calm email.