Here's something you would want to know!!
Nvidia CEO Jensen Huang has resigned.
After 33 years leading the company he built, Huang stepped down as president, CEO and board member on Thursday. The exit followed a turbulent week of reports that he had extramarital affairs, including one with a woman U.S. intelligence agencies reportedly suspect passed information to the Chinese government.
What we know so far:
🔹 Nvidia's board launched an independent investigation, and said it had no reason to believe national security or company secrets were compromised.
🔹 Huang apologized to employees, writing that there was no excuse for what he did, and said he would cooperate fully.
🔹 CFO Colette Kress is interim CEO, and Harvey C. Jones is the board's first chair.
🔹 Shares fell from about $173.73 to $151.00 at Thursday's open, then began climbing after markets opened.
What's next? $NVDAB reports third-quarter earnings Tuesday, and the board says the product road map should continue without interruption.
Nvidia sits at the center of the AI boom, so what happens here matters well beyond one company. 👀
What do you think: can Nvidia stay on course without its founder? 👇
#Nvidia's #JensenHuang #JensenHuang #Aİ #technews
Nvidia CEO Jensen Huang has resigned.
After 33 years leading the company he built, Huang stepped down as president, CEO and board member on Thursday. The exit followed a turbulent week of reports that he had extramarital affairs, including one with a woman U.S. intelligence agencies reportedly suspect passed information to the Chinese government.
What we know so far:
🔹 Nvidia's board launched an independent investigation, and said it had no reason to believe national security or company secrets were compromised.
🔹 Huang apologized to employees, writing that there was no excuse for what he did, and said he would cooperate fully.
🔹 CFO Colette Kress is interim CEO, and Harvey C. Jones is the board's first chair.
🔹 Shares fell from about $173.73 to $151.00 at Thursday's open, then began climbing after markets opened.
What's next? $NVDAB reports third-quarter earnings Tuesday, and the board says the product road map should continue without interruption.
Nvidia sits at the center of the AI boom, so what happens here matters well beyond one company. 👀
What do you think: can Nvidia stay on course without its founder? 👇
#Nvidia's #JensenHuang #JensenHuang #Aİ #technews