Bitcoin plunges to $71k as Jensen Huang abruptly resigns sending Nvidia into $2 trillion wipeout

First reported by The Economist at Wed 11:43 AM · 20 outlets in all

1. Wired(subscription required)1hJensen Huang Is Out. Will Nvidia’s Rivals Cash In?In a special episode of “Uncanny Valley,” we break down Jensen Huang’s resignation from Nvidia, what comes next for the company, and where the AI industry goes from here.
2. CNN1hNvidia’s Huang Resigns. Now What?
3. AP4hWhat we know after Jensen Huang resigns as Nvidia’s CEO
4. Harvard Business Review(subscription required)6hJensen Huang Has Resigned. How Will Nvidia Replace Him?Six HBR articles on what to do after a powerful founder steps down.
5. Mashable6hJensen Huang resigns: A timeline of the Nvidia affairHow did Jensen Huang's 33 years as Nvidia CEO come to an end? A timeline of the chip export investigation, the affair reports, and his resignation.
6. CryptoSlate8hBitcoin plunges to $71k as Jensen Huang abruptly resigns sending Nvidia into $2 trillion wipeoutNvidia co-founder Jensen Huang resigned Thursday, sending the chipmaker's shares tumbling and intensifying a selloff across cryptocurrency markets. On Nov. 12, the company announced that Huang had stepped down as chief executive, president, and board member, effective immediately, ending his 33-year leadership of the artificial intelligence giant. Chief Financial Officer Colette Kress was appointed interim…
7. The Verge8hNvidia CEO Jensen Huang has resigned. What happens next?After the leather-jacketed CEO, president, and co-founder of Nvidia, Jensen Huang, acknowledged an affair with Megaspeed exec Alice Huang, his company initially announced an investigation. However, The New York Times reported on Wednesday that there was evidence of another affair, this time with an Nvidia executive who reported directly to him. A board meeting that
8. The Register9hJensen Huang resigns as Nvidia chief executive'Next week’s earnings call just became the most important in the company’s history'
9. Gizmodo9hJensen Huang Resigns From Nvidia After Espionage, Sex ScandalsThe Nvidia co-founder’s departure follows revelations of multiple extramarital affairs, alleged ties to Chinese intelligence, and growing political pressure.
10. CryptoPotato9hBREAKING 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.
11. Engadget9hJensen Huang is out as NVIDIA CEOHe has held the position since the company's founding in 1993, but has recently been embroiled in an international scandal.
12. Forbes9hJensen Huang Out At Nvidia After Affair ScandalsThe news comes after Nvidia shares plummeted more than 11% this week.
13. The Hill9hNvidia CEO Jensen Huang resigns amid affair scandalsNvidia CEO Jensen Huang will step down from his role at the AI chip giant following explosive reports of two extramarital affairs, one of which involved an alleged Chinese spy. The company announced Thursday morning that Huang was resigning immediately and Colette Kress, executive vice president and chief financial officer of Nvidia, will take over…
14. Cointelegraph9hJensen Huang resigns as Nvidia CEO, exits board; shares plungeColette Kress will remain Nvidia’s chief financial officer while serving as interim CEO as the board searches for a permanent successor.
15. Hacker News9hJensen Huang resigns as Nvidia CEO immediately
16. Axios10hJensen Huang, an architect of the AI boom, resigns as Nvidia CEOJensen Huang resigned as CEO of Nvidia after he reportedly had two affairs, including one with a purported Chinese spy. Why it matters: It's impossible to overstate how critical Huang is to Nvidia, to the AI buildout, to the stock market and economy. His departure could, per Wall Street sources, be the catalyst that endangers a ballooning AI bubble. This is breaking news.
17. Financial Times(subscription required)10hJensen Huang resigns as Nvidia chief executiveShares in chipmaker slide after group says chief financial officer Colette Kress to take over as interim head
18. New York Times(subscription required)11hNvidia Stock Tumbles After Jensen Huang Resigns as CEONews that the chipmaker’s chief executive, Jensen Huang, resigned drove Nvidia’s stock down, though the broader market rose slightly.
19. Ars Technica24hNvidia CEO Jensen Huang has resignedNvidia CEO also had an affair with a senior executive at the firm.
20. The Economist(subscription required)30hJensen Huang must go