Summary

  • Jensen Huang resigns as CEO, president, and director of Nvidia, effective immediately.

  • CFO Colette Kress becomes interim CEO; Harvey C. Jones is appointed as the first chairman of the board.

  • Nvidia shares fall 10.38% in pre-market trading as the board begins searching for a new CEO.

Read the original article Jensen Huang Steps Down from Nvidia. How Will the Stock React? by Lockridge Okoth on id.beincrypto.com