#HuangExitNvidiaStrategyInFocus #HuangExitNvidiaStrategyInFocus 🔊 Nvidia changes CEO

Jensen Huang, who co-founded Nvidia and led it for 33 years, has resigned as CEO and left the board of directors. CFO Colette Kress has been named interim CEO, and the board has begun the search for a permanent successor.

Huang’s resignation comes amid a board investigation launched last week into reports of possible espionage targeting him. According to media reports, he had been involved with a woman suspected by U.S. intelligence agencies of spying for China.

Nvidia shares are now trading at around $155, about 35% below their October record of $243.

On November 17, the company will release its quarterly earnings, the first without Huang as CEO.

You can follow Nvidia in Walt too: its tokenized stock is available on spot, and you can trade its price movements through perpetual futures.

Do you think Nvidia shares will keep falling?
🔥 — yes
🦄 — no
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