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Sources: some Nvidia board members favor naming CFO Colette Kress interim CEO; an administration official says the board briefed the White House on its meeting (Semafor)

Techmeme ·

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Reports that Nvidia’s board is preparing or considering removing CEO Jensen Huang drove Nvidia shares down more than 8% in after-hours trading, the New York Times reported. The reports follow allegations of extramarital affairs, including one with a woman U.S. officials reportedly suspect was a Chinese spy; Nvidia is investigating whether Huang was targeted, according to the AP. Sen. Kevin Cramer said Huang should resign.

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  1. TechmemeSources: some Nvidia board members favor naming CFO Colette Kress interim CEO; an administration official says the board briefed the White House on its meeting (Semafor)
  2. Crypto BriefingSome Nvidia directors reportedly favor CFO Colette Kress as interim CEONvidia's leadership transition discussions highlight the critical need for strategic continuity and risk management in tech giants.
  3. CBS NewsNvidia's board preparing to oust CEO Jensen Huang, sources sayNvidia's board of directors is preparing to oust CEO Jensen Huang soon, according to two sources, amid allegations Huang had an affair with a woman U.S. intelligence agencies believe was a Chinese asset.
  4. Wall Street Journal(subscription required)About Your Next Board Meeting