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Nvidia announced that CEO Jensen Huang had resigned amid reports of alleged affairs.

Nvidia said Huang resigned on Thursday, with several outlets reporting that CFO Colette Kress would serve as interim CEO. Reports linked the departure to allegations about Huang’s relationships, including claims involving a woman suspected by U.S. officials of ties to Chinese intelligence; those claims remain allegations.

What the reports agree on

  • Nvidia announced that Jensen Huang resigned as CEO on Thursday. The Hill, France24, PBS NewsHour, ABC News and 4 more
  • Reports linked Huang’s departure to allegations of extramarital affairs. The Hill, France24, PBS NewsHour, ABC News and 4 more
  • Nvidia named CFO Colette Kress interim CEO. PBS NewsHour, ABC News, Newsweek, Al Jazeera and 2 more

Where reports differ

  • The Hill reported Nvidia shares reached $148.80, down 14.4% from Wednesday’s close, before rising above $162. The Hill
  • PBS NewsHour reported shares fell 10% in premarket trading. PBS NewsHour
  • Newsweek reported shares at $173.73 before markets opened, down about 8% for the week. Newsweek
  • Guardian World reported shares fell about 7% in premarket trading after news of board discussions. Guardian World

Reported by one outlet

  • Trump suggested Apple executive chairman Tim Cook should replace Huang as Nvidia CEO. Axios
  • The Hill reported that one of the alleged affairs involved reports of two extramarital affairs preceding Huang’s resignation. The Hill
  • France24 reported that Huang also left Nvidia’s board and that the company appointed former Synopsys CEO Harvey Jones as its first chair. France24
  • Al Jazeera reported that Nvidia said its board had launched an independent investigation into whether Huang was targeted by a foreign intelligence effort. Al Jazeera

The original reports

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