Nvidia CEO Jensen Huang Resigns After Affairs Scandal

nzherald.co.nz —

Jensen Huang resigned as CEO of Nvidia on Thursday following revelations of two extramarital affairs, including one with a woman accused of spying for China, causing shares to plunge over 10% in premarket trading. Chief financial officer Colette Kress will serve as interim CEO while the board searches for a permanent successor, ending Huang’s 33-year leadership of the company he co-founded. Huang, 63, also relinquished his board seat, with the company providing no reason for his departure. The exit removes a key promoter of the artificial intelligence boom at a critical time for the sector, with Nvidia stock already down about 25% from its early October all-time high before the announcement.


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