Nvidia shares sink as Jensen Huang quits CEO role amid scandal

Nvidia shares fell sharply Thursday after Jensen Huang resigned immediately as chief executive and left the board, deepening turmoil at the AI chip giant. The company said Chief Financial Officer Colette Kress will serve as interim CEO until a successor is chosen, while former Synopsys CEO Harvey C. Jones will become board chair. CNBC reported the stock dropped nearly 10%, pushing Nvidia's market value below $4 trillion. Huang's exit followed disclosures about an affair with Alice Huang, a Megaspeed executive whom the Financial Times said U.S. intelligence officials suspect of spying for China, and a New York Times report about another relationship with Nvidia executive Kimberly Powell.