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Live updates: Bitcoin slumps below $72,000 as Nvidia's Huang resigns, interest rates surge

CoinDesk ·

Nasdaq 100 futures are down more than 1%, with Nvidia falling 10% on the news.

Read at CoinDesk

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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.

Written by AI from the sources' headlines and summaries. It can make mistakes; check the original reporting.

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First reported by The Economist at · 11 outlets in all

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  1. TechRadarJensen Huang resigns as Nvidia CEOShock resignation of CEO and founder Jensen Huang will have big repercussions in the tech industry.
  2. CNETNvidia CEO Jensen Huang ResignsThe company’s founder stepped down after reports of multiple affairs.
  3. The RegisterJensen Huang resigns as Nvidia chief executiveCompany accepted resignation yesterday, it reveals in filing
  4. EngadgetJensen Huang is out as NVIDIA CEOHe has held the position since the company's founding.
  5. 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.
  6. Hacker NewsJensen Huang resigns as Nvidia CEO immediately
  7. Financial Times(subscription required)Jensen Huang resigns as Nvidia chief executiveShares in chipmaker tumble 13% after group says chief financial officer Colette Kress to take over as interim head
  8. CoinDeskLive updates: Bitcoin slumps below $72,000 as Nvidia's Huang resigns, interest rates surgeNasdaq 100 futures are down more than 1%, with Nvidia falling 10% on the news.
  9. Ars TechnicaNvidia CEO Jensen Huang has resignedThe FBI is investigating as Nvidia’s board holds urgent talks over Huang’s future.
  10. 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.
  11. The Economist(subscription required)Jensen Huang must resignAnd his should not be the only head to roll