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

Nvidia said Huang resigned after reports of two alleged extramarital 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 Nvidia shares fell after news of Huang’s departure.

What the reports agree on

  • Jensen Huang resigned as Nvidia’s CEO. The Hill, Axios, France24, PBS NewsHour and 4 more
  • Reports of alleged extramarital affairs involving Huang preceded or accompanied his resignation. The Hill, France24, PBS NewsHour, Newsweek and 2 more
  • Nvidia named CFO Colette Kress interim CEO. PBS NewsHour, Newsweek, Al Jazeera, Guardian World and 2 more
  • Nvidia shares fell after reports or news of Huang’s departure. The Hill, France24, Al Jazeera, BBC World and 1 more

Where reports differ

  • Nvidia shares fell 14.4% to $148.80 after the opening bell, then rose above $162. The Hill
  • A 10% fall in premarket trading. PBS NewsHour
  • A fall of more than 13% after U.S. markets opened, followed by a partial recovery. BBC World

The original reports

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