had officially stepped down
Nvidia CEO Jensen Huang has resigned from his position, just a few days after admitting to a romantic affair with a Chinese individual, sparking a national security crisis. The company's board accepted Huang's resignation on Wednesday. Colette Kress, currently Nvidia's CFO, will act as interim CEO until a permanent successor is found.
Kress will continue serving as CFO. Nvidia's shares dropped nearly 12% in early trading on Thursday, with the stock falling as much as 19% since Friday, resulting in a market cap loss of over $855 billion.
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