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Nvidia stock pares morning losses after CEO Jensen Huang announces resignation
Developing story first seen 1 hour ago
Nvidia shares recovered some ground on Thursday after falling sharply when Jensen Huang announced he would immediately leave as chief executive and a member of the board. The leadership change comes as the company’s market value remains close to $4 trillion, and investors await a permanent successor.
The shares were down 5%, after losses earlier reached 14%; Nvidia has closed above the $4 trillion mark since July 2025. Chief Financial Officer Colette Kress will serve as interim CEO, while former Synopsys chief executive Harvey C. Jones will become the company’s first board chair. The article also cites recent reports about Huang’s personal relationships, including his admission of an affair and a separate reported relationship with an Nvidia executive.
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In short
- Nvidia shares pared losses after Huang’s immediate resignation.
- The stock was down 5% after falling as much as 14%.
- Colette Kress will lead as interim CEO.
How this story developed
- 4 minutes ago Jensen Huang announced that he would step down immediately as Nvidia’s chief executive and board member, prompting a sharp fall in the company’s shares.
- 12 minutes ago Nvidia shares recovered some ground on Thursday after falling sharply when Jensen Huang announced he would immediately leave as chief executive and a member of the board.
Where outlets differ
Left-leaning outlets 1
- Jensen Huang, Nvidia’s Ousted CEO, Was the Face of the A.I. Boom Powering the U.S. EconomyNew York Times
Only here: ousted, face, boom, powering, economy
Centre outlets 1
Only here: stock, pares, morning, losses, announces
Every side used: jensen, huang, nvidia
Headline columns compared word for word; nothing in them is AI-written.
Explained simply
Nvidia makes graphics processors and other computing chips used in gaming, data centres and artificial intelligence. Its chief executive, Jensen Huang, has led the company since he co-founded it in 1993, making his role central to its strategy and public profile.
The company’s leadership also includes its finance chief, Colette Kress, and a board that oversees major decisions and appoints senior leaders. Harvey C. Jones, a former chief executive of chip-design software firm Synopsys, is among Nvidia’s directors.
Nvidia’s scale means changes in its leadership can affect how investors assess its future plans and performance. The company’s prominence in artificial intelligence has also made its decisions important to customers and the wider technology industry.
Coverage · 3 sources
Bias meters
From 2 rated sources, 1 unrated.