Nvidia CEO steps down after suspected spy affair report
The resignation over extramarital affairs wiped billions from the company’s market value.
Nvidia’s co-founder and chief executive stepped down after revelations of extramarital affairs, including one involving a woman linked to a suspected Chinese spy, according to the report.
The resignation followed disclosures made on Thursday and has triggered a rapid market reaction, with Nvidia’s market value falling by billions, the article says.
The suspected affair centres on an alleged relationship with an executive at Singapore-based Megaspeed, whom US intelligence officials suspect of spying for China. The article also says the CEO had another alleged relationship with an Nvidia executive who reported to him.
The piece describes his leadership style as unusually hands-on, with 60 direct reports, arguing that the founder’s central role made him difficult to replace. It also frames the episode as a test for an industry that promises to automate work while many people remain wary about the people behind the technology.
As of the latest update, the chief executive has resigned, with the article pointing to the reported suspected spying link but providing no mention of police action, arrests, charges or court proceedings.
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Source:
TheJournal.ie