Nvidia CEO Jensen Huang Resigns

Nvidia CEO and founder Jensen Huang has resigned from his position, according to reports today (Wednesday) from Reuters and CBS. His resignation follows a series of reports regarding personal affairs in which he was involved, as well as an independent investigation launched by the company into his conduct. The company announced that Colette Kress has been appointed as interim CEO.

The resignation marks a significant blow to the chipmaker, which has faced intense turmoil and shareholder pressure in recent weeks due to the disclosures. Reuters and other outlets described the move as a severe leadership crisis for the artificial intelligence giant. Further details have not yet been released.