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● LIVE Updated 44m ago · 14 sources tracked

Nvidia live updates: Jensen Huang agrees to testify before Congress following resignation

Former Nvidia Chief Executive Jensen Huang has agreed to appear before lawmakers following his abrupt resignation. House Republicans negotiated the congressional appearance after Nvidia ousted Huang over an undisclosed relationship with a female customer and subsequent reports involving a suspected Chinese spy. Chief Financial Officer Colette Kress stepped in as interim chief executive while major shareholders pressure the board to weigh leadership paths, including a potential return for the founder. Nvidia shares previously plunged about ten percent on the news of his departure before rebounding slightly.

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  • ✓ Jensen Huang agreed to appear before lawmakers following his exit from Nvidia.
  • ✓ Colette Kress was named interim chief executive following Huang's departure.
  • ✓ Nvidia shares plunged about 10 percent on the news of Huang's departure.
🛡️ Source Corroboration: 14 independent reporting domains (95% confidence) ⏱ Read time: ~2 min

What changed

Jensen Huang agreed to testify before Congress following negotiations with House Republicans.

Live updates

  1. Jensen Huang Agrees to Testify Before Congress

    Former Nvidia Chief Executive Jensen Huang has agreed to appear before lawmakers following his abrupt resignation. House Republicans negotiated the congressional appearance after Nvidia ousted Huang over an undisclosed relationship with a female customer and subsequent reports involving a suspected Chinese spy. Chief Financial Officer Colette Kress stepped in as interim chief executive while major shareholders pressure the board to weigh leadership paths, including a potential return for the founder. Nvidia shares previously plunged about ten percent on the news of his departure before rebounding slightly.

    Why it matters

    The executive transition at Nvidia sends shockwaves through the artificial intelligence industry, where Huang played a central leadership role. Nvidia launched an internal investigation after discovering the hidden relationship that Huang concealed for over a year. Political fallout continues to mount as congressional committees engage with the former executive.

    What is confirmed

    • Jensen Huang agreed to appear before lawmakers following his exit from Nvidia.
    • Colette Kress was named interim chief executive following Huang's departure.
    • Nvidia shares plunged about 10 percent on the news of Huang's departure.

    Still unconfirmed

    • Allegations of a second and third affair have emerged, ramping up divorce speculation.
    • Major shareholders are asking Nvidia's board to consider the potential return of founder Jensen Huang.

    What to watch next

    • The official date and proceedings of Jensen Huang's congressional testimony
    • Decisions by Nvidia's board regarding permanent leadership and shareholder pressure
    Sources used for this update (15)
    1. finance.yahoo.com — Yahoo Finance - Stock Market Live, Quotes, Business & Finance News
    2. www.techradar.com — TechRadar | the technology experts
    3. www.cnbc.com — Oil today: Iran, US, crude, wti, brent, trump
    4. The New York Times — Jensen Huang Said to Have Had Relationship With Nvidia Executive Who Reports to Him
    5. NVIDIA Newsroom — NVIDIA Announces CEO Transition
    6. Forbes — Allegations Of Second Jensen Huang Affair Ramp Up Divorce Speculation—Billionaire’s Wife Could Get Half His $140 BillIon Fortune
    7. CNBC — Nvidia live updates: CEO Jensen Huang resigns, Colette Kress named interim chief
    8. CBS News — GOP lawmakers negotiating for Jensen Huang to appear before Congress after Nvidia exit
    9. The Hill — House Republican says Huang has agreed to appear before lawmakers
    10. Yahoo Finance — Nvidia live updates: Jensen Huang ousted, CFO Colette Kress to serve as interim CEO
    11. uk.finance.yahoo.com — Nvidia live updates: Following Jensen Huang's resignation as CEO, allegations of a third affair emerge
    12. www.nytimes.com — Jensen Huang Carried a Secret for More Than a Year. It Led to His Downfall.
    confidence 95%
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