13 sources covering
Nvidia stock drops over 8% in pre-market on CEO Huang ouster reports
Investor confidence in Nvidia's leadership stability is shaken, potentially impacting future performance and market perceptions significantly.
AI Insight
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.
Written by AI from the sources' headlines and summaries. It can make mistakes; check the original reporting.
Who's covering it
First reported by Bloomberg at · 13 outlets in all
- TechRadarJensen Huang resigns as Nvidia CEOShock resignation of CEO and founder Jensen Huang will have big repercussions in the tech industry.
- CNETNvidia CEO Jensen Huang ResignsThe company’s founder stepped down after reports of multiple affairs.
- CryptoPotatoBREAKING News: Jensen Huang Resigns as Nvidia CEO (Report)The reported resignation comes after claims that he had another affair with a women working at the company.
- EngadgetJensen Huang is out as NVIDIA CEOHe has held the position since the company's founding.
- 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.
- New York Times(subscription required)Nvidia Stock Plunges After Jensen Huang Resigns as CEONews that the chipmaker’s chief executive, Jensen Huang, stepped down drove Nvidia’s stock down and reverberated across global markets.
- Crypto BriefingNvidia stock drops over 8% in pre-market on CEO Huang ouster reportsInvestor confidence in Nvidia's leadership stability is shaken, potentially impacting future performance and market perceptions significantly.
- Financial Times(subscription required)Who could run Nvidia after Jensen Huang?Chip giant co-founder’s future as chief executive is uncertain following report of a second affair
- CNBCCramer's stance on Nvidia's stock amid reports that CEO Jensen Huang may be oustedJim Cramer said Wednesday night that he was saddened by a news report that indicated Nvidia's board of directors is preparing to fire Huang.
- TechCrunchNvidia’s stock drops as board reportedly preps to oust CEO Jensen HuangAs soon as Wednesday evening, Nvidia's board could decide to remove its founder and CEO of 33 years.
- Ars TechnicaNvidia CEO Jensen Huang has resignedThe FBI is investigating as Nvidia’s board holds urgent talks over Huang’s future.
- MarketWatchNvidia’s stock drops as the board reportedly prepares to remove CEO Jensen HuangNvidia’s board of directors reportedly met late Wednesday to determine the CEO’s fate.
- Bloomberg(subscription required)Stocks Fall on Nvidia Selloff After Huang’s Ouster: Markets WrapA leadership crisis at Nvidia Corp. curbed the appetite for riskier corners of the market, driving stocks lower as traders questioned the outlook for the artificial-intelligence trade.