Business news and discussion on TalkFuse.
Epic Games boss Tim Sweeney says Nvidia CEO stepping down amid affair allegations marks “a sad day” for “all humanity”
Nvidia chief executive Jensen Huang has announced he is stepping down after allegations of two extramarital affairs, prompting a response from Epic Games chief Tim Sweeney. Sweeney praised Huang’s record of growing Nvidia while continuing to innovate, calling his departure “a sad day” for the company, developers, America and humanity.
Sweeney also criticised what he described as government heavy-handedness and a lack of due process, amid reports of internal investigations and a possible connection to a Chinese operative. Nvidia chief financial officer Colette Kress is interim CEO while shareholders seek a permanent replacement. Epic and Nvidia have worked closely, including on Unreal Engine, so the leadership change may affect their future arrangements.
In short
- Jensen Huang is stepping down as Nvidia CEO amid allegations.
- Tim Sweeney praised Huang’s leadership and criticised government handling.
- Colette Kress is interim CEO as shareholders seek a successor.