From O Heraldo
Owned by Herald Publications (Goa)Jensen Huang Steps Down as Nvidia CEO Following Dual Affair and Espionage Allegations
What's behind this
Nvidia co‑founder Jensen Huang resigned as president and chief executive with immediate effect after a board meeting on 12 November, following mounting controversy over his personal relationships and allegations involving a Chinese businesswoman suspected of espionage. The resignation triggered a drop of nearly 11% in Nvidia’s pre‑market share price and broader investor unease. The company said executive vice‑president and chief financial officer Colette Kress will serve as interim CEO while retaining her finance role, and the board will seek both internal and external candidates for a permanent replacement.
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Nvidia has been thrown into unprecedented turmoil following the shock resignation of chief executive Jensen Huang. The departure of the tech visionary—widely hailed as the driving force behind the global artificial intelligence boom—comes in the wake of mounting pressure over multiple affairs…