Nvidia ousts CEO Jensen Huang; CFO Colette Kress takes over

letemps.ch (French) —

Nvidia CEO Jensen Huang was removed from his position Thursday by the board of directors amid scandals involving two affairs, including one with a woman suspected of spying for China. CFO Colette Kress has been named interim leader. Huang also lost his titles as chairman and director, and Nvidia's stock fell 10% at Thursday's Wall Street opening, erasing roughly $300 billion in market value. The decision followed days of speculation about his future at the company. Huang co-founded Nvidia in 1993 and led it to a $4 trillion valuation, becoming central to the AI revolution. He retains 3.4% of company shares and a personal fortune of about $150 billion.


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