AI Insight
Nvidia shares fell 14% after CEO Jensen Huang resigned amid controversies, according to Crypto Briefing. Reports alleged Huang had a third affair with another Nvidia employee, Reuters reported, and Huang has formally acknowledged one of three alleged affairs, Forbes said. Colette Kress is Nvidia’s new interim CEO, NBC News reported.
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First reported by The Economist at · 8 outlets in all
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- Fortune(subscription required)36 direct reports, no heir apparent: How Jensen Huang’s ‘flat’ org may have hampered Nvidia’s succession planning'The Great Flattening' has made companies faster and leaner. Nvidia’s scramble to replace its CEO shows what it can cost them.
- 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.
- Hacker NewsJensen Huang resigns
- Business Insider(subscription required)Jensen Huang on Nvidia succession weeks before scandal hit: 'Just as I can be fired, the next CEO has to be hired'Before Nvidia's succession crisis, Jensen Huang said its next CEO should come from inside the company and earn the role.
- 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
- The Economist(subscription required)Jensen Huang must go