Nvidia announced the immediate resignation of its cofounder Jensen Huang, who served as president, chief executive officer and director. Chief Financial Officer Colette Kress will serve as interim CEO, while longtime director Harvey Jones becomes Nvidia’s first board chair. Huang led the company for 33 years and helped make Nvidia a central supplier of artificial intelligence chips; his departure followed a reported $450 billion loss in market value after his affair with Alice Huang became public. Before Nvidia announced the departure, Elon Musk said on X that hiring Huang would be “an honor,” without specifying a role, a company or whether they had discussed working together. Huang still owns about 3.6% of Nvidia and is expected to testify before the House Foreign Affairs Committee before Thanksgiving, while the company continues its internal investigation and the FBI examines his relationship with Alice Huang.
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