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Trump had urged Jensen Huang to fight for his job: report
The president urged the Nvidia chief executive to retain his position after reports of affairs with a woman suspected of spying for China prompted his resignation.
Nvidia CEO Jensen Huang is stepping down following scrutiny over his personal life, with Chief Financial Officer Colette Kress assuming interim leadership while the board searches for a permanent successor.
The board launched an investigation Sunday into Huang's relationship with Alice Huang, a businesswoman US authorities suspect of spying for China; Nvidia has lost about US$300 billion in market value since.
President Donald Trump called Huang on Tuesday, urging the executive to fight for his job, and previously stated he had "done an amazing job for our country," the New York Times reported.
Kress stated the company will "continue advancing the work that has made Nvidia a leader in accelerated computing," as Huang's departure creates uncertainty for the AI ecosystem he helped bankroll.
Nvidia is scheduled to present third-quarter fiscal 2027 financial results on November 17, a key test as the company navigates the leadership transition and US chip export policy uncertainties.
DONALD Trump encouraged the head of Nvidia not to step down because of the spy scandal, but Jensen Huang stepped down from the head of the technology giant anyway.