NVIDIA head removed from post
The Board of Directors of US tech giant NVIDIA has removed company founder and Chief Executive Officer Jensen Huang from his position.
Operativ Media reports that the decision came amid reports regarding Huang's two extramarital affairs and investigations into potential foreign intelligence ties.
Colette Kress has been appointed interim chief executive officer of Nvidia.
Earlier, The New York Times (NYT), citing sources, reported that Huang was involved in an extramarital affair with a subordinate who is under investigation over links to Megaspeed CEO Alice Huang (believed by US intelligence agencies to have been recruited by China's Ministry of State Security).
The subordinate in question is Nvidia Vice President Kimberly Powell. Two former company employees stated that video footage has circulated showing Huang and Powell being "affectionate toward each other" during a corporate conference at a hotel in California. However, the NYT noted that it had not seen the footage.
As a reminder, at the end of October, Nvidia ranked second in the world in terms of market capitalization ($4.93 trillion), trailing only Apple ($5.03 trillion).
