Bessent Urges 'Dramatic Shakeup' at Nvidia, Calls for Outside CEO
Treasury secretary says chipmaker's board must answer export-control questions within 10 days after Jensen Huang's resignation.
Treasury secretary says chipmaker's board must answer export-control questions within 10 days after Jensen Huang's resignation.
Jensen Huang resigned as Nvidia's president, CEO and board member effective immediately; CFO Colette Kress is interim CEO ahead of Nov. 17 results.
The AI chipmaker's co-founder stepped down effective immediately, ending 33 years at the company as shares fell and a $1.7 trillion sell-off deepened.
The Singapore cloud firm says former executive Alice Huang left in August 2025 and has hired outside counsel to investigate media reports about its business.
The abrupt exit of the AI boom's central figure wiped roughly $490bn off Nvidia's value last week as investors brace for the chipmaker's earnings.
The Singapore cloud firm says former executive Alice Huang left in 2025, days after Nvidia CEO Jensen Huang resigned over affair reports.
A grassroots campaign and an internal employee push follow the co-founder's abrupt Nov. 11 resignation amid an affair scandal tied to alleged Chinese intelligence links.