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From The Times of India

Owned by Bennett, Coleman & Co.

Nvidia tumbles over 12% in pre-market trading after Huang's exit

Nvidia tumbles over 12% in pre-market trading after Huang's exit

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.

AI-generated overview from 15 outlets. It summarises their reporting and adds no reporting of its own.

RSS excerpt

Nvidia shares plummeted nearly 11% following CEO Jensen Huang's departure amidst growing controversy and investor unease. This shake-up pushed other AI-driven firms like Oracle and Micron Technology to also suffer losses. The dollar surged to a 19-month peak, with the US 10-year Treasury yield…

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

High Corroboration 30 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 30 newsrooms, and who owns them

Compare all reporting outlets (30)

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  19. 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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  31. The New Indian Express Express Publications (Madurai) Ltd.

    Nvidia CEO Jensen Huang resigns amid affair, China spy allegations; CFO Colette Kress named interim chief

    Jensen Huang resigned as Chief Executive Officer of Nvidia on Thursday, ending his 33-year run at the helm of the AI giant he co-founded in 1993, following revelations that he had two extramarital affairs, including one with a woman accused of spying for China. The company's board said Huang had…

    Compare on Varta → Read at The New Indian Express ↗
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  51. The Times of India Bennett, Coleman & Co. Current article

    Nvidia tumbles over 12% in pre-market trading after Huang's exit

    Nvidia shares plummeted nearly 11% following CEO Jensen Huang's departure amidst growing controversy and investor unease. This shake-up pushed other AI-driven firms like Oracle and Micron Technology to also suffer losses. The dollar surged to a 19-month peak, with the US 10-year Treasury yield…

    Read at The Times of India ↗
  52. Moments later
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  55. 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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Who did not run this

30 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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