1 min read
Add as a preferred source on Google

Sen. Kevin Cramer Calls on Nvidia CEO Jensen Huang to Resign

Former Trump economic adviser Larry Kudlow also urged Huang to step down as senators consider three advanced chip export-control proposals.

An empty committee dais sits beyond a lone hearing microphone / TokenPost.ai
An empty committee dais sits beyond a lone hearing microphone / TokenPost.ai

Republican Sen. Kevin Cramer called on Nvidia CEO Jensen Huang to resign, saying an alleged extramarital relationship could create a blackmail risk because the company has highly sensitive AI chip technology.

Cramer, a member of the Senate Banking Committee, said an internal board investigation would not be enough. His comments came Tuesday as the committee considered proposals that could tighten oversight of advanced chip exports.

Larry Kudlow, who led the White House National Economic Council during President Donald Trump’s first term, also urged Huang to step down Tuesday.

The committee is weighing three proposals to tighten approvals for advanced chip exports, track where chips go and restrict exports of some semiconductor manufacturing equipment. The proposals are seeking inclusion in the annual defense authorization bill, and they have not all passed. The debate follows earlier congressional efforts to tighten chip export rules.

Riza Dagoc

Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…