Nvidia shares fell as much as 14% after co-founder and CEO Jensen Huang resigned, a departure attributed to personal controversies. Colette Kress, Nvidia’s chief financial officer, has taken over as interim CEO while the company searches for a permanent successor. The decline weighed on investor sentiment and contributed to downturns in major technology and artificial intelligence indexes. The upcoming earnings report, scheduled for November 17, along with any changes to U.S. export controls or customer spending on artificial intelligence, could provide further indicators of the company’s outlook.
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