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Jensen Huang resigns as Nvidia CEO; CFO Colette Kress named interim chief

Nvidia said Thursday that Jensen Huang has resigned as president, CEO and board member effective immediately, ending his 33-year run at the chipmaker he co-founded. CFO Colette Kress will serve as interim CEO while keeping the finance role, and the board will consider internal and external candidates for a permanent successor. Former Synopsys CEO Harvey Jones was named Nvidia's first-ever board chair. The resignation follows Huang's admitted affair with an alleged Chinese intelligence asset and a New York Times report of a relationship with an executive who reports to him; Nvidia shares fell about 10% in premarket trading. The company still plans to report quarterly results on Nov. 17.

Source: CNBC

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