Nvidia CEO Jensen Huang resign afta report of second affair

Jensen Huang, one of di biggest names for di AI and technology industry, don resign from im position for di middle of allegations say e get extramarital affairs wit two women – one na suspected Chinese spy and di oda woman na company executive.

Chip-maker Nvidia bin hire one major law firm earlier dis week to investigate tori about Huang alleged relationship wit one woman dem say fit get links to Chinese intelligence.

Now, e don step down afta di company shares fall sharply on Wednesday as US media reports reveal anoda alleged affair.

Earlier dis week, Huang admit say e bin dey "unfaithful" to im wife and e apologise to her and dia children for di pain wey im actions don cause.

Hia na wetin we know about di affair and why e mata.

How di board remove Huang?

Nvidia board bin meet on Wednesday evening to decide weda make dia CEO remain wit di company.

Di company get 11 directors on dia board, wey include Huang. Dem fit remove di company CEO wit or without cause by majority vote of directors.

But dem no need am, as di board instead announce say Huang don resign as president, CEO and board member.

Dem thank am for im "immeasurable contributions" to Nvidia, wey dem tok say na "ogbonge".

Dem no mention di accuse of adultery.

"Nvidia na one of di most consequential technology companies for di world," for di statement, di board and company "thank Jensen for im immeasurable contributions to di company and di industry".

"We go continue to dey advance di work wey make Nvidia a leader in accelerated computing and AI, and execute on di opportunities ahead," di interim CEO Colette Kress tok.

Who go replace am?

Nvidia Chief Financial Officer Colette Kress go serve as interim CEO.

E neva dey clear who go replace Huang on a permanent basis.

One pesin wey e fit dey clear for na Nvidia co-founder Chris Malachowsky. E don dey di company for as long as Huang, and for years e don lead dia product engineering work.

Kress afta her appointment, tok say she dey committed to building on di "extraordinary foundation" wey Jensen Huang bin create.

Kress na di executive vice president and chief financial officer for Nvidia since she join di company for September 2013.

Di company board tok say she don lead di company finance organisation and she "play key role for Nvidia growth and evolution".

Bifor she join Nvidia, Kress spend nearly 25 years for finance roles for leading technology companies, wey include Cisco and Microsoft.

Huang children, Spencer and Madison, and son-in-law Nico Caprez also dey work for Nvidia in senior roles, but dem still dey young and and no too get experience.

And anoda pesin dey, Ian Buck, wey dey operate high-performance computing for di company. E develop di technology wey dey allow pipo use graphics cards for oda computing tasks, wey dey help Nvidia to capitalise on di growth of AI.

Wetin we know about Huang affairs

Na one New York Times report ova di weekend bin reveal say Jensen Huang get close relationship wit Chinese businesswoman Alice Huang, wey US intelligence officials believe say be spy for Beijing.

Dem don picture dem togeda for several occasions.

Di tech giant board of directors bin launch independent external investigation on Sunday afta di reports.

Earlier, dem bin tok say Huang interactions wit di woman no dey "unusual or unexpected".

Then on Wednesday, di New York Times drop anoda report say Huang bin get extramarital relationship wit one Nvidia executive, Kimberly Powell, wey bin dey report directly to am.

She no respond to BBC request for comment.

Who be Jensen Huang?

Dem born am for Taiwan for 1963. Huang na nine years old wen im family relocate go di West Coast of US.

E graduate as an electrical engineer from Oregon State University, e also get master's degree for di same field from Stanford University.

Huang later work for one US chip firm AMD bifor e co-found Nvidia. Known as "Daddy Huang" for Taiwan and pesin wey pipo bin hail one time as di "Taylor Swift of tech", e get reputation as a workaholic and perfectionist wit incredibly high standards for im staff.

According to di Bloomberg Billionaires Index, e get estimated fortune of $155bn (£115bn).

"Jensen Huang na tech visionary of di likes of Steve Jobs," Stephen Witt, di author of Thinking Machine, one biography on Huang, tell BBC, and add say e dey responsible for creating AI hardware as we know am today.

Huang dey close wit Trump. For di recent AI summit for di White House, wia 42 tech executives bin dey present, di president bin dey for di middle of Elon Musk and Huang.

Why e mata?

Nvidia na one of di most valuable companies for di world - so di drop for dia value afta Huang resignation hit investors big and small.

Di company also dey for di heart of US and China AI race, which na why di billionaire affair don spark national security fears among US lawmakers.

Trump bin don tok say "whoever win AI wins", and di worry na if China gain di upper hand for AI, e go supercharge di kontri military and surveillance capabilities.

US advantage get big advantage sake of companies like Nvidia, wey dey work wit producers like di Taiwan Semiconductor Manufacturing Company (TSMC), wey dey make more dan 90% of di world most advanced chips.

Since 2022, US don use various export controls to keep di top tech out of China, wey dem say help retain America competitive edge and protect dia national security.

E mean say companies like Nvidia dey codedly locked out of di world most lucrative market, as Huang bin tok one time say Nvidia share of di Chinese market go from around 95% to effectively zero.