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Binance Traders Price in Potential Jensen Huang Exit as Nvidia Falls 8%

CryptoPotato ·

About half of NVDAUSDT's $2 billion in 24-hour volume came after US cash session closed, as traders reacted to leadership reports.

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Jensen Huang has resigned as Nvidia CEO. Reports cited affairs, including one with an alleged Chinese spy, and national security concerns; Nvidia said CFO Colette Kress will serve as interim chief executive. The company accepted his resignation yesterday, according to a filing.

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  1. CNETNvidia CEO Jensen Huang ResignsThe company’s founder stepped down after reports of multiple affairs.
  2. EngadgetJensen Huang is out as NVIDIA CEOHe has held the position since the company's founding.
  3. ForbesJensen Huang Out At Nvidia After Affair ScandalsThe news comes after Nvidia shares plummeted more than 11% this week.
  4. Wired(subscription required)Jensen Huang Resigns as Nvidia CEONvidia’s cofounder and chief executive resigned on Thursday after the company opened an investigation into his affair with an alleged Chinese intelligence asset.
  5. Financial Times(subscription required)Nvidia shares tumble on Huang exitShares in chipmaker tumble 13% after group says chief financial officer Colette Kress to take over as interim head
  6. CryptoPotatoBinance Traders Price in Potential Jensen Huang Exit as Nvidia Falls 8%About half of NVDAUSDT's $2 billion in 24-hour volume came after US cash session closed, as traders reacted to leadership reports.
  7. Ars TechnicaNvidia CEO Jensen Huang has resignedThe FBI is investigating as Nvidia’s board holds urgent talks over Huang’s future.
  8. New York Times(subscription required)Jensen Huang Resigns From Nvidia After AffairsThe chief executive has been under scrutiny for an affair with a woman said to be a Chinese spy, as well as for a relationship with a subordinate at his A.I. chip company. Nvidia’s finance chief, Colette Kress, was named interim leader.
  9. Hacker NewsNvidia is preparing to oust Jensen Huang
  10. The Economist(subscription required)Jensen Huang must go