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Jensen Huang resigned as Nvidia CEO, and Colette Kress became interim CEO.

Nvidia said Huang’s resignation took effect immediately and named CFO Colette Kress interim CEO while the board considers candidates for a permanent replacement. The resignation followed reports about Huang’s personal relationships and scrutiny of Nvidia’s business ties to China; Nvidia said it had no reason to believe company secrets or national security were compromised.

What the reports agree on

  • Jensen Huang resigned as Nvidia’s CEO. CBS News, Guardian Tech, BBC World, Al Jazeera and 4 more
  • Nvidia named CFO Colette Kress interim CEO. CBS News, Guardian Tech, BBC World, Al Jazeera and 3 more
  • Nvidia’s board is considering internal and external candidates for a permanent CEO. CBS News, Axios, PBS NewsHour
  • Huang acknowledged being unfaithful and apologized. Guardian World, Al Jazeera, Newsweek, PBS NewsHour
  • Reports linked Huang to Alice Huang, who was alleged or suspected to have worked for Chinese intelligence. Guardian World, Guardian Tech, Al Jazeera, Newsweek and 1 more
  • Nvidia said it had no reason to believe national security had been compromised. Guardian World, Al Jazeera, PBS NewsHour

Where reports differ

  • Nvidia shares fell more than 13% after the news. BBC World
  • Nvidia shares were down 5.7% shortly before 3 p.m. Thursday and had fallen 27% over the previous month. Axios
  • Nvidia shares fell 13% after news of Huang’s resignation. Guardian Tech

Reported by one outlet

  • The company’s board named Harvey C. Jones its first chairman. PBS NewsHour
  • Republican lawmakers said they were discussing a date for Huang to testify and could subpoena him if needed. ABC News
  • Donald Trump endorsed Tim Cook for the Nvidia job in a Truth Social post. CBS News
  • The FBI and an independent board-ordered investigation are examining the allegations, including whether Nvidia gave favorable treatment to Megaspeed. Axios

The original reports

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