Nvidia CEO Jensen Huang has resigned

The CEO of Nvidia, Jenesn Huangresigned after the scandal over his affair with an alleged spy from the China. The board of the world’s leading microchip company announced this in a note. The resignation takes effect immediately, it says. He takes over on an interim basis Colette Kresscurrent executive vice president and CFO.

Le Nvidia stockhad fallen in recent hours by more than 8% in after-hours trading, after having lost up to 10%, following news that theboard of directorswas debating whether to replace theceo Jensen Huang, overwhelmed by an investigation into a relationship with a woman identified by American intelligence as a Chinese spy and after the news of a further extramarital affair with a top manager of the company.

As reported by The Information, the Department of Commerce is preparing a rule to preventChinese artificial intelligence companiesto remotely access advanced chips via data centers located in other countries.