Jensen Huang quits Nvidia; Colette Kress takes over as interim CEO
What's new: Nvidia also named Harvey Jones board chairman, and the stock fell more than 10% in premarket trading.
Nvidia Chief Executive Jensen Huang stepped down on Nov. 12, ending a three-decade run atop the chipmaker that became a central force in the AI boom. The company installed Chief Financial Officer Colette Kress as interim CEO while it searches for a permanent successor and named former Synopsys chief Harvey Jones as its first board chairman. Huang, 63, also left the board. His exit followed reports of two extramarital affairs, including one involving a woman US authorities suspect of spying for Beijing. Nvidia shares fell more than 10% in premarket trading, underscoring investor concern over leadership turmoil at a company whose chips sit at the center of AI data centers and US-China technology tensions.