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Nvidia CEO resigns amid scandal; CFO named interim

Jensen Huang resigned effective immediately, with the chipmaker naming its long-time CFO Colette Kress as interim CEO until a permanent successor is found, Nvidia announced Thursday.

Nvidia CEO Jensen Huang has resigned amid a scandal that has shaken the company. Colette Kress has been appointed as the interim chief. U.S. Trade Representative Jamie Greer suggested that the AI buildout in the U.S. would not be negatively impacted by this leadership crisis. Greer acknowledged the recent stock fluctuations caused by the CEO controversy, but affirmed that the AI development and data centers sector continues to progress.

Greer also noted that regulators have taken actions against various issues in the past, and the company's commitment to keeping the AI crown jewels under U.S. or allied control remains steadfast.

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