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Nvidia CEO Jensen Huang Resigns Amid Affair Scandals
Nvidia CEO Jensen Huang has resigned after 33 years at the helm, following reports of extramarital affairs, including one with a suspected Chinese spy, and allegations of a relationship with a second employee. The board met late Wednesday to decide his fate, and the Wall Street Journal reported it was preparing to oust him. Nvidia shed about $430 billion in market value over two sessions as the controversy deepened. U.S. President Donald Trump said former Apple CEO Tim Cook should replace Huang, calling him 'a legend.' House Speaker Mike Johnson said there was growing consensus in Congress on limiting chip exports to China after the scandal. Korean outlets report the resignation as a blow to the AI industry, clouding the future of the chipmaker Huang built into an AI powerhouse.
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