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'Bring back the boss': Jensen Huang gets alleged backing from Nvidia employees, with over 1,600 comments on internal post amid exit over affair and spy scandal
Jensen Huang latest news: Nvidia CEO Jensen Huang stepped down following allegations ofmultiple extramarital affairs and associated national security concerns. His resignation led to a significant drop in Nvidia's stock value as uncertainty loomed over the company's future. Support from Nvidia employees and tech leaders like Elon Musk highlighted Huang's previous contributions to the industry. Investigations into his affairs, particularly involving Alice Huang and national security implications, are ongoing.
Fallout from the Nvidia scandal may dampen the exuberance around the AI boom
Nvidia CEO Jensen Huang resigned following reports of personal scandals, including extramarital affairs. His departure raised uncertainty in the AI sector and prompted rivals to consider increased competition. Competitors like Advanced Micro Devices and Broadcom saw share price gains on the news.
Nvidia faced pressure to boost its AI backstop before Jensen Huang's exit
Nvidia's ambitious $500 billion AI financing partnership with six major Wall Street firms is facing hurdles, with customers and financial partners seeking a larger financing backstop than the chipmaker's proposed 25%. No deals have emerged so far, and Jensen Huang's exit as CEO adds uncertainty, potentially delaying the first transaction until January.
Who is Kang Wei? The Chinese fund executive reported to be Alice Huang’s husband and now under police investigation in Shanghai
Kang Wei, the Chinese private equity executive reportedly married to Alice Huang, is under investigation by Shanghai police over suspected stock manipulation. The founder of Hexi Investment built the firm alongside Huang after a falling-out with former business partner Zhu Xiaoming in 2017. He has also faced penalties from China's securities regulator.
Nvidia loses its AI architect: Huang's exit puts AI dominance to test
Jensen Huang has resigned as CEO of Nvidia, which has raised concerns for the company and the AI industry. Colette Kress will serve as interim CEO while the board searches for a permanent successor. Huang's resignation follows reports of personal controversies, including extramarital relationships involving a former executive. Nvidia's chips are crucial for AI development, making Huang's departure significant amid technological competition.
Jensen Huang resigns from Nvidia after 33 years: Board names Colette Kress interim CEO amid affair reports and China probe allegations
Jensen Huang resigns: Jensen Huang has resigned as Nvidia CEO with immediate effect after leading the chipmaker for 33 years. CFO Colette Kress will serve as interim CEO as the board begins its search for a permanent replacement. His departure comes amid reports about alleged relationships and scrutiny over Nvidia's links to companies suspected of evading US export controls.
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NBIS Stock Price and Earnings: Nebius shares rise 15% on Q3 revenue beating estimates
NBIS stock price and earnings have been in focus after shares of Nebius Group rose 15.44% to close at $154.69 on Wednesday. The AI infrastructure company reported third quarter revenues of $980.8 million which beat analyst expectations. The company has reported a net loss of $37.5 million. It also showed positive adjusted earnings.
Nvidia CEO crisis: Who is Jay Puri? Longtime Nvidia VP in focus as Jensen Huang faces scrutiny over alleged affairs with Alice Huang and Kimberly Powell
Nvidia CEO replacement Jay Puri: Jay Puri, an Indian-origin executive who spent more than two decades at Nvidia, is drawing attention as CEO Jensen Huang faces reports of a possible board ouster. Puri retired from his executive role in August 2026, but his experience at the chipmaker has brought his career into focus amid leadership uncertainty.
Megaspeed, firm central to Nvidia CEO Jensen Huang's scandal, pledges to cooperate with US probe
In its first statement since Huang admitted to having an affair with a Chinese woman and former executive of the company, Megaspeed International said Thursday that it takes its obligation to comply with U.S. export control laws "extremely seriously."
Nvidia leadership crisis puts global AI trade under pressure
Uncertainty over Nvidia CEO Jensen Huang’s future has sparked investor concerns about the company’s financial backing of the global AI boom. Reports of alleged personal controversies triggered a share sell-off, while competitors gained. Investors fear leadership changes could disrupt Nvidia’s investment strategy, AI infrastructure funding and broader technology market stability.
Siemens CEO says cooperation with Nvidia will not be affected by leadership uncertainty
Siemens's Chief Executive Roland Busch assured that the partnership with Nvidia will persist despite any internal transitions within the company. Current joint initiatives are advantageous for both enterprises. Speculations regarding Nvidia's leadership adjustments have not shaken Siemens's resolve to collaborate. Busch stressed the importance of the alliance as a collective effort rather than focalizing on an individual leader. Siemens is truly optimistic about the future of their projects with Nvidia.
Nvidia's Asian supply chain prepares for life after Huang
Nvidia faces a turbulent leadership landscape as the board evaluates CEO Jensen Huang's future amidst scandals. Asian suppliers are on alert, considering how the situation might disrupt operations and impact their partnerships, particularly in the booming AI sector. While the potential for investment slowdowns raises concerns, some analysts cautiously predict minimal immediate disruption on production fronts.
Adani eyes Chile's copper riches: Kutch Copper and Codelco sign MoU to explore Kaburkaala project
Adani Group's Kutch Copper Ltd has signed an MoU with Chile's state-owned Codelco to explore the Kaburkaala copper project in northern Chile. The partnership aims to combine Adani's investment and technical capabilities with Codelco's geological expertise, potentially securing long-term copper supplies for the group's Mundra smelter as India seeks to strengthen its domestic copper supply chain.
Xiaomi eyes local partners; Electronics firms target AI infra
Xiaomi is looking for local partners as it plans to manufacture home appliances in India. This and more in today’s ETtech Top 5.
What we know - and what we don't - as Nvidia investigates an alleged spy plot involving its CEO
Nvidia CEO Jensen Huang's admission of an extramarital affair has triggered a board investigation following allegations that the woman involved was a Chinese intelligence operative. While China has dismissed the claims, the controversy has raised national security concerns, prompted an FBI inquiry and renewed questions over US chip export controls to China.
'We work for America, not the global order': Marco Rubio asserts US' 1st stance on China and trilateral engagement
Addressing the core friction between Washington and Beijing, Secretary Rubio emphasised that major power competition is an inevitable reality driven by competing national systems, on the sidelines of the G7 Foreign Ministers Meeting held in Paris, France.
Anthropic IPO: Amazon, Google could make staggering over USD 400 billion from Claude maker's successful listing. Here's how
Anthropic IPO: Amazon has invested at least $13 billion in Anthropic and in April agreed to invest up to an additional $20 billion. Google has committed up to $40 billion to Anthropic, including an initial $10 billion investment announced in April.
Faithful...to their husbands' institutions
Jensen Huang's recent affair has prompted attention to his wife Lori's possible reactions and future actions. Throughout history, many women have tolerated their partners' indiscretions for various larger purposes. This tendency is especially evident in politics, monarchies, and business, where public loyalty often takes precedence over personal fidelity. Historical examples include Hillary Clinton and Eleanor Roosevelt, who prioritized political stability and legacy.
Anthropic IPO: Why are Nvidia, Google, Microsoft and AMD investing billions in their own AI competitor? What Big Tech stands to gain from the Claude maker
Anthropic IPO: Anthropic is set to receive a significant $26 billion investment through its upcoming IPO from several technology companies. Major contributors include Google, Nvidia, and AMD, each seeking commercial advantages. This financial backing will support Anthropic's expansion and operational needs, including increased computing infrastructure. The participating companies aim to benefit from Anthropic's growth while addressing their own strategic interests in the AI market.
Three years ago today, Alice Huang stepped down as Megaspeed director: What happened next and Why Jensen Huang faces scrutiny
Three years after Alice Huang left Megaspeed's board, her reported relationship with Nvidia CEO Jensen Huang and alleged China intelligence links have drawn attention. US investigations into Megaspeed, Nvidia's board inquiry and a congressional request for answers have raised questions about national security and the company's China dealings.
Nvidia is 7% of the S&P 500, so if you have an index fund or pension, the Jensen Huang scandal is in your portfolio too
Nvidia faces a notable stock decline following the announcement that CEO Jensen Huang is under investigation by foreign intelligence. This situation raises alarms for investors since Nvidia holds a prominent position in the S&P 500. Although the investigation centers around allegations, Nvidia insists that national security is intact. Analysts are apprehensive about how this may influence Nvidia's strategic direction and leadership.
What we know - and what we don't - as Nvidia investigates an alleged spy plot involving its CEO
China's Foreign Ministry dismissed the spying allegations on Monday, saying they amount to a smear campaign.
Nvidia CEO Jensen Huang's affair with Chinese agent being looked into by FBI, says Trump
The president called Huang, whose computer chips have helped to launch the artificial intelligence revolution, a "very honorable man." The president said he had spoken with Huang.
AMD stock today surges 12% after Oppenheimer upgrades Advanced Micro Devices, while Nvidia slides amid board investigation report
AMD stock price today: AMD shares surged more than 12% on Monday after Oppenheimer upgraded the stock and set a $600 price target. A Google Cloud partnership, strong data centre growth and CEO Lisa Su’s confidence in AI chip demand also supported the rally, even as Nvidia faced a separate investigation involving its CEO.
Human, all too human: More than whether Jensen Huang can survive the scandal, can Nvidia survive Jensen Huang?
Nvidia's co-founder Jensen Huang has acknowledged an extramarital affair which has raised security concerns. He reportedly engaged with a Chinese businesswoman who may have influenced his lobbying efforts. Nvidia has initiated an independent investigation regarding these allegations and their implications. Although personal scandals might impact reputation, Huang's leadership is currently deemed important for the company's future. Nvidia's board maintains confidence in Huang as they navigate this challenging situation.
US stock market stages massive rally today, adds $1.5 trillion: 5 reasons why Dow Jones, S&P 500 and Nasdaq surge as AMD and Tesla jump while Nvidia sinks
US stock market rally today: Wall Street added $1.5 trillion in market value on Monday as technology and semiconductor stocks recovered from last week's sell-off. The Dow Jones jumped more than 1,000 points, the S&P 500 gained 2.17%, and the Nasdaq rose 2.51%. AMD and Tesla led major stock gains, but Nvidia fell nearly 5%
Nvidia scandal: The AI arms race puts human spies back into the game
The Nvidia controversy involving CEO Jensen Huang and a woman suspected by US intelligence of having links to Beijing has renewed concerns over corporate espionage in the AI industry. Recent cases involving OpenAI and Google have also highlighted risks from insiders and traditional spying methods.
AI boom turns chip packaging into the next battleground for semiconductors
Billions of dollars are being invested in advanced chip packaging due to the demand for AI chips. This growing need is pushing companies to expand their production capacities significantly. Taiwan's TSMC is at the forefront of packaging technology, yet limitations have spurred alternatives.
Box expands Nvidia partnership, unveils AI workflow builder
Box Context Retrieval, a new search engine built on Nvidia's Nemotron models, will be generally available to Enterprise Advanced customers early next year, the company said.
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