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Huang Resigns as Nvidia CEO, Successor Search Underway
Jensen Huang has resigned as Nvidia CEO after 33 years, amid reports of extramarital affairs, including one with a suspected Chinese spy, and a second relationship with an employee, according to Reuters. The board had been preparing to oust him, the Wall Street Journal reported, and met late Wednesday to decide his fate. Chief Financial Officer Colette Kress has been named interim CEO, the Korea Times reports. The board has approached Arm Holdings CEO Rene Haas as a potential successor, per the Financial Times, while President Donald Trump suggested former Apple CEO Tim Cook should replace Huang. Huang has also been summoned to testify before U.S. lawmakers, a Republican senator said. Korean reaction has been limited, though Koreaboo notes a Korean star, Hwang Young Jin, was unexpectedly caught up in the aftermath and gave a witty explanation. The scandal has also fueled U.S. congressional momentum to limit chip exports to China, House Speaker Mike Johnson said.
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