From India TV
Owned by Independent News ServiceNvidia's new interim CEO Colette Kress is among America's richest self-made women: Here's how rich she is
What's behind this
Nvidia announced that co‑founder Jensen Huang has stepped down as president, chief executive officer and board member, effective immediately, amid mounting scrutiny over an alleged affair with a Chinese businesswoman suspected of ties to Beijing. The resignation was announced on November 12 and led to Colette Kress being appointed interim chief executive. Shares fell more than 13 % in pre‑market trading and the company has reportedly lost about $800 billion this week. The controversy also involves Alice Huang, linked to Jensen Huang, whose firms invested in DeepSeek to secure Nvidia’s Blackwell chips and are under investigation in Singapore.
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Colette Kress has taken over as interim chief executive of Nvidia following the resignation of its co-founder and longtime CEO Jensen Huang on November 12. Huang's departure came amid controversy surrounding reports of two extramarital relationships, including one involving a Chinese businesswoman…