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Nvidia Shares Sink As Rival Chipmakers Rise After Jensen Huang Resigns

Forbes ·

Nvidia opened down 11% on Thursday after the company announced CEO Jensen Huang’s resignation.

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First reported by Hacker News at · 19 outlets in all

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  1. Financial Times(subscription required)Value Nvidia, not Huang
  2. The Hill5 takeaways from Nvidia’s Jensen Huang scandalCorporate America is in the midst of its most dramatic scandal in years. Jensen Huang, the CEO and co-founder of Nvidia, resigned Thursday after admitting to one extramarital affair, with a woman suspected of being a Chinese agent, and amid new reporting of a second affair, this time with an Nvidia colleague. The vast company…
  3. Wired(subscription required)Jensen 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.
  4. CNNNvidia’s Huang Resigns. Now What?
  5. Crypto BriefingNvidia shares drop 14% after CEO Jensen Huang resigns amid controversiesNvidia's leadership uncertainty and stock decline may ripple through tech sectors, affecting investor confidence and market stability.
  6. APWhat we know after Jensen Huang resigns as Nvidia CEO
  7. Harvard Business Review(subscription required)Jensen Huang Has Resigned. How Will Nvidia Replace Him?Six HBR articles on what to do after a powerful founder steps down.
  8. MashableJensen 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.
  9. The VergeNvidia 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
  10. ForbesNvidia Shares Sink As Rival Chipmakers Rise After Jensen Huang ResignsNvidia opened down 11% on Thursday after the company announced CEO Jensen Huang’s resignation.
  11. The RegisterJensen Huang resigns as Nvidia chief executive'Next week’s earnings call just became the most important in the company’s history'
  12. TechCrunchNvidia’s Jensen Huang resigns, chipmaker names CFO Colette Kress as interim CEONvidia gets a new chief executive, days after former CEO Jensen Huang admitted to a romantic affair with an alleged Chinese spy.
  13. 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.
  14. EngadgetJensen 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.
  15. CointelegraphJensen 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.
  16. Hacker NewsJensen Huang resigns as Nvidia CEO immediately
  17. AxiosJensen 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.
  18. New York Times(subscription required)Nvidia 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 TechnicaNvidia CEO Jensen Huang has resignedNvidia CEO also had an affair with a senior executive at the firm.