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From The Tribune

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Jensen Huang resigns as Nvidia CEO, CFO Colette Kress named interim CEO by board

What's behind this

Nvidia’s shares fell sharply after co‑founder Jensen Huang resigned as president and chief executive with immediate effect. The stock dropped about 13% at the open and nearly 10% in pre‑market trading, contributing to an estimated $800 billion loss for the company this week. The board said Huang, 63, also gave up his board seat, and cited no reason for his departure. CFO Colette Kress was named interim CEO while retaining her finance role, and the board will evaluate internal and external candidates for a permanent replacement. The resignation follows allegations of personal affairs and a national‑security controversy involving a Chinese businesswoman.

AI-generated overview from 20 outlets. It summarises their reporting and adds no reporting of its own.

RSS excerpt

Nvidia CEO Jensen Huang is stepping down, leaving the AI industry without its biggest champion and clouding the future of the chipmaker he built into an AI powerhouse.

Coverage arrived over 84 hours. First from The Indian Express, latest from Deccan Chronicle.

High Corroboration 31 news outlets reporting

How this event was covered

First reported by The Indian Express at 02:21 UTC on 09 Nov.

Coverage ran for about 2 days.

Across 4 desks: business, india, tech, world.

All 31 newsrooms, and who owns them

Compare all reporting outlets (31)

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  15. The Economic Times Bennett, Coleman & Co.

    ‘Billionaires with wives of Chinese origin’: Jensen Huang’s scandalous life sparks viral social media lists. Who features?

    NVIDIA CEO Jensen Huang has come under fire following his confession of an extramarital affair with Kimberly Powell. This admission ignited discussions on social media about the patterns of billionaires forming relationships with women of Chinese descent. Renowned billionaires like Larry Ellison and…

    Compare on Varta → Read at The Economic Times ↗
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  39. The Tribune The Tribune Trust Current article

    Jensen Huang resigns as Nvidia CEO, CFO Colette Kress named interim CEO by board

    Nvidia CEO Jensen Huang is stepping down, leaving the AI industry without its biggest champion and clouding the future of the chipmaker he built into an AI powerhouse.

    Read at The Tribune ↗
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  51. Organiser Bharatiya Prakashan (RSS)

    Nvidia CEO Jensen Huang resigns amid Chinese espionage controversy; Colette Kress named interim chief

    WASHINGTON DC: US tech gaint Nvidia’s co-founder Jensen Huang has resigned as president and chief executive with immediate effect, following a board meeting on 12 November amid mounting controversy over his personal relationships and allegations involving a Chinese businesswoman suspected of having…

    Compare on Varta → Read at Organiser ↗
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  55. The New Indian Express Express Publications (Madurai) Ltd.

    Nvidia shares plunge 13 per cent at open after CEO Jensen Huang resigns

    NEW YORK: Nvidia shares plunge 13% at open after CEO Jensen Huang resigned on Thursday. The company's board in a statement said Huang had stepped down as president, chief executive, with immediate effect. Huang, 63, also gave up his seat on the board. The company did not give a reason for his…

    Compare on Varta → Read at The New Indian Express ↗
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Who did not run this

31 newsrooms ran this event. 5 others published in Business recently and did not.

See which 5 newsrooms
  • Livemint HT Media Ltd.
  • NDTV Adani Group (AMG Media)
  • The Hindu Kasturi & Sons Ltd.
  • The Indian Express Indian Express Group
  • The Times of India Bennett, Coleman & Co.

Counted from the newest hundred stories in the section, not from every newsroom in India.

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