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Jensen Huang resigned as Nvidia CEO, and the company named Colette Kress interim CEO.

Nvidia said Huang’s resignation took effect immediately and named CFO Colette Kress interim CEO while it searches for a permanent successor. The departure followed reports of alleged affairs, including one involving a woman suspected by U.S. officials of ties to Chinese intelligence; President Donald Trump suggested Tim Cook as a replacement.

What the reports agree on

  • Nvidia announced that Jensen Huang resigned as CEO. Axios, PBS NewsHour, Newsweek, CBS News and 4 more
  • Nvidia named CFO Colette Kress interim CEO after Huang resigned. PBS NewsHour, Newsweek, The Hill, Al Jazeera and 4 more
  • Reports alleged that Huang had an affair with a woman suspected of ties to Chinese intelligence. PBS NewsHour, Newsweek, The Hill, Al Jazeera and 3 more
  • Donald Trump suggested Tim Cook as a possible replacement for Huang. Axios, The Hill, Newsweek, CBS News

Reported by one outlet

  • Nvidia’s bylaws allow a majority of its 11 directors to remove Huang with or without cause. Al Jazeera
  • Nvidia shares were reported at $173.73 before markets opened Thursday, down about 8 percent for the week. Newsweek
  • Nvidia shares lost $550 billion in market value over five days, according to the report. BBC World

The original reports

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