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Nvidia names Colette Kress interim CEO after Huang resigns amid probe
Developing story first seen 2 hours ago
The article reports that Jensen Huang has resigned as Nvidia chief executive with immediate effect, and chief financial officer Colette Kress has been named interim CEO. The change comes amid concerns about alleged extramarital affairs, including one involving a person suspected of being a Chinese spy; an investigation into that connection is ongoing.
Nvidia board chair Harvey Jones said the board has confidence in Kress and expects operations, customer commitments and the product roadmap to continue without interruption. The article says Nvidia shares fell about 23 per cent that morning, against a backdrop of a recent decline in AI stocks. Any effects on gamers or graphics card prices remain unclear.
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In short
- Huang has resigned as Nvidia CEO.
- Colette Kress is interim chief executive.
- Nvidia shares reportedly fell about 23 per cent.
How this story developed
- 19 minutes ago The report added that the leadership change raised questions about confidence in Nvidia, a major force in AI and computing, while the effect on gamers and graphics card prices remained unclear.
- 30 minutes ago Nvidia chief executive Jensen Huang was reported to have resigned with immediate effect amid unresolved allegations of affairs, including a link to a suspected Chinese spy, while an investigation continued; CFO Colette Kress became interim CEO, the board said operations and product plans would continue uninterrupted, and shares reportedly fell about 23 per cent.
Coverage · 2 sources
Read the full article at the source →
Originally published by Destructoid as “NVIDIA CEO resigns amid infidelity scandal, Chinese spy accusations”.