Nvidia CEO Jensen Huang resigned from the chipmaker he co-founded in 1993, and CFO Colette Kress will serve as interim CEO while the board searches for a permanent replacement. The board had opened an independent investigation three days earlier to examine claims that Huang was targeted by a “foreign intelligence effort,” including reports that US intelligence agencies concluded that Alice Huang, a woman close to him, was spying for China. She worked for a Chinese distributor that moved hundreds of thousands of Nvidia AI chips into China in spite of a US export ban, according to The Information, and President Trump said the FBI is looking into the relationship. The board has since approached Arm CEO Rene Haas about the permanent role, according to the Financial Times.
