Nvidia CEO #JensenHuang has resigned amid a widening scandal, ending his decades-long run as the company’s first and only chief executive and the public face of the AI chip boom. Shares fell about 5% in afternoon trading, remaining well above earlier lows near $149, while the broader S&P 500 was down just 0.25%.
The departure raises both governance and execution questions for a company that has become a financing anchor for AI data centers and growth-stock sentiment. CFO Colette Kress has been named interim CEO as the board searches for a permanent successor. Investors will now watch whether leadership can reassure customers and partners, and whether the next earnings update shows orders and data-center demand remaining intact.
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