Summary
The article reports that Nvidia CEO Jensen Huang resigned immediately after reports of two alleged affairs, including one involving a woman U.S. intelligence officials reportedly viewed as a possible Chinese operative. Nvidia named CFO Colette Kress interim CEO and said it would search for a permanent replacement.Key Facts
- The article says Huang had led Nvidia for 33 years.
- Nvidia said Huang’s resignation took effect immediately.
- Nvidia named Executive Vice President and CFO Colette Kress interim CEO.
- The company said its board would consider internal and external candidates for the permanent CEO role.
- The article says Huang acknowledged an extramarital affair on Sunday.
- The New York Times reported a second alleged affair involving Nvidia vice president Kimberly Powell, citing five unnamed people.
- The article says U.S. authorities were examining possible national security implications.
- Nvidia shares were reported at $173.73 before markets opened Thursday, down about 8 percent for the week.