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Jensen Huang resigned as Nvidia CEO amid reports of alleged affairs and national security concerns.

Nvidia said Huang’s resignation took effect immediately, and several outlets reported that CFO Colette Kress became interim CEO while the board looks for a permanent successor. Reports linked the departure to alleged relationships, including one involving a person suspected of having ties to Chinese intelligence; those allegations have not been established, and China has denied some of them.

What the reports agree on

  • Jensen Huang resigned as Nvidia’s CEO. CBS News, BBC US, France24, Newsweek and 4 more
  • Reports linked Huang’s resignation to allegations of extramarital affairs. CBS News, BBC US, France24, Newsweek and 4 more
  • CFO Colette Kress became interim CEO after Huang’s departure. Newsweek, Guardian World, Al Jazeera, PBS NewsHour and 2 more

Where reports differ

  • Newsweek reported that Nvidia shares fell 14% at the opening bell and closed down 4.3% on Thursday. Newsweek
  • PBS NewsHour reported that Nvidia shares fell 10% in premarket trading Thursday. PBS NewsHour
  • Al Jazeera reported that Nvidia lost more than $600 billion in market value during the week. Al Jazeera
  • Newsweek reported that Nvidia’s market value had fallen by more than $1 trillion shortly after Thursday’s market open. Newsweek

Reported by one outlet

  • CBS News reported that Huang’s resignation took effect immediately. CBS News
  • BBC World reported that Huang led Nvidia as chief executive from 1993 until his resignation. BBC World
  • Guardian World reported that Nvidia’s board appointed the law firm Wachtell, Lipton, Rosen & Katz to investigate Huang’s relationship with Alice Huang. Guardian World
  • The Hill reported that Donald Trump urged Huang to fight for his job before he resigned. The Hill

The original reports

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