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Nvidia CEO Jensen Huang has stepped down from the company following his reported affairs with a suspected Chinese spy and a senior Nvidia executive. The $4.2 trillion tech giant has lost more than $600bn in market value this week as Huang’s scandals rocked the company, which supplies most of the chips powering advanced AI technology. Nvidia’s board met on Wednesday night to discuss ousting Huang, whose relationship with the alleged Chinese spy – an executive at a Nvidia business partner – triggered investigations by the FBI, the United States Congress and the California-based tech giant. Nvidia is also facing a shareholder class-action lawsuit. Huang, 63, is Nvidia’s co-founder, president and CEO.
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