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Jensen Huang resigned as Nvidia CEO amid reports of alleged affairs.

Nvidia announced Huang’s resignation on Thursday after reports of two alleged affairs, including one involving a woman suspected by U.S. officials of ties to Chinese intelligence. The company named CFO Colette Kress interim CEO, while reports said its shares fell.

Reported by 10 outlets

What the reports agree on

  • Nvidia announced that Jensen Huang had resigned as CEO on Thursday. The Hill, France24, PBS NewsHour, ABC News and 4 more
  • Reports of alleged affairs involving Huang preceded or accompanied his resignation. The Hill, France24, PBS NewsHour, Newsweek and 3 more
  • Nvidia named CFO Colette Kress interim CEO. PBS NewsHour, Newsweek, ABC News, The Hill and 3 more
  • Reports said Nvidia shares fell amid the developments. The Hill, France24, PBS NewsHour, Al Jazeera and 2 more
  • Donald Trump suggested Tim Cook as a possible replacement for Huang. Axios, The Hill, Newsweek, CBS News

Where reports differ

  • The reported share declines differ by time and measure: The Hill reported a 14.4% drop to $148.80 before shares rose above $162, while PBS NewsHour reported a 10% decline in premarket trading and Newsweek reported a price of $173.73 before markets opened, down about 8% for the week. The Hill
  • The resignation took effect immediately. Newsweek
  • The board did not state a reason for Huang’s departure. France24

Reported by one outlet

  • The Hill reported that Huang’s shares fell to $148.80 after Thursday’s opening bell, then rose above $162. The Hill
  • PBS NewsHour reported that Nvidia named Kress interim CEO. PBS NewsHour
  • Guardian World reported that Nvidia’s board appointed Wachtell, Lipton, Rosen & Katz to investigate Huang’s relationship with Alice Huang. Guardian World

The original reports

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