Jensen Out

Nvidia’s Jensen Huang has resigned as CEO and agreed to testify before Congress by Thanksgiving.

The resignation follows revelations of multiple extramarital affairs; Huang has admitted to a relationship with an alleged Chinese spy and has been accused of relationships with two Nvidia employees, including one of his direct reports. Lawmakers are demanding answers, citing national security concerns.

Huang co-founded Nvidia in 1993 and served as its only CEO until yesterday, helping build the chipmaker into a $4T powerhouse at the center of the AI boom. Nvidia’s board thanked its now-former chief for his “immeasurable contributions” and named longtime CFO Colette Kress as interim CEO (see the board’s announcement).

Investors are clearly concerned about Nvidia’s Jensen-less future. NVDA stock has fallen 22% since Huang’s relationship with an alleged spy was first reported on October 29th.

Verse to consider whether your shame goes very public or completely unnoticed… “But God proves his own love for us in that while we were still sinners, Christ died for us.”
Romans 5:8 (CSB) (read full passage)