Nvidia CEO Huang resigns as US Commerce Secretary faces scrutiny

The co-founder and CEO of Nvidia, Jensen Huang, resigned connected Thursday, triggering a crisp driblet successful the company's stock.

Huang's exit follows intimate relationships with an alleged Chinese spy, Alice Huang, Nvidia's Vice President of Healthcare, Kimberly Powell, and a 2nd unnamed employee.

The committee has appointed Nvidia's Vice President and Chief Financial Officer, Colette Kress, arsenic interim CEO until a imperishable successor is elected.

United States Commerce Secretary Howard Lutnick, meanwhile, faces scrutiny amid fallout from the ungraded involving Huang, according to Reuters.

White House officials are discussing his imaginable removal, adjacent arsenic lawmakers criticised Lutnick for failing to tighten restrictions connected AI spot exports to China and blacklist Chinese companies.

On Thursday, the Chinese authorities stated that China’s sci-tech advancement relies connected autarkic innovation and unfastened cooperation.

"The U.S. should halt fabricating the 'Chinese spy' narratives arsenic a pretext for imposing exertion restrictions," said Foreign Ministry spokesperson Mao Ning.

Mao besides stated that she wasn't "familiar" with accusation astir Alice's reported beingness successful Beijing with Chinese information officials' knowledge.

Alice founded Megaspeed, a Singapore-based unreality computing and AI information centre company, which has imported much than $4.6 cardinal successful Nvidia products.

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