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Nvidia (NVDA) stock tanked Thursday after Jensen Huang resigned as CEO. The company’s CFO, Colette Kress, will serve as the interim head of the business until a permanent successor is named.
Nvidia CEO Jensen Huang resigned Thursday, capping a spectacular downfall for a poster boy of the artificial intelligence boom whose exit following reports of extramarital affairs now thrusts the chipmaker into an uncertain future.
Nvidia CEO Jensen Huang resigned Thursday after his extramarital affair raised national security concerns, in a spectacular downfall for the longtime head of the chipmaker, a vital player in the artificial intelligence boom.
AMD (AMD) stock rose about 3% while Broadcom (AVGO) jumped as much as 6% Thursday morning following news that Nvidia CEO Jensen Huang resigned and the company board named CFO Colette Kress as interim chief executive officer.
Nvidia (NVDA) stock tanked in premarket trading after Jensen Huang resigned as CEO. The company’s CFO, Colette Kress, will serve as the interim head of the business until a permanent successor is named.
Nvidia CEO Jensen Huang has stepped down from the company following his reported affairs with a suspected Chinese spy and an Nvidia executive.
In just a few days, Nvidia(NASDAQ:NVDA) CEO Jensen Huang has gone from AI’s rock star to a Greek tragedy.
Former Megaspeed senior leader and accused Chinese spy Alice Huang apparently wasn’t Nvidia CEO Jensen Huang’s only extramarital side piece. The New York Times reported on Wednesday that the AI titan had a second affair with one of his subordinates, citing five sources. The Wall Street Journal reported revelations of a second affair have jolted…
Breaking up with Nvidia (NVDA) is hard to do. After the stock dropped 25%, two of Wall Street’s biggest banks pulled it from their top-pick lists, and neither could bring itself to say “sell” — yet.
Nvidia’s board launched an independent investigation of Jensen Huang over reported ties to an alleged Chinese intelligence asset, sending NVDA shares down 4% Monday.