Nvidia stock plunges 14% to over one-year low as Jensen Huang quits amid affair; market cap falls below $4 trillion
60-Word AI Digest
Nvidia shares fell 14.3% to $148.80 after CEO Jensen Huang resigned, ending his 33-year tenure. CFO Colette Kress was named interim CEO as the board searches for a permanent successor. Harvey C. Jones was appointed the company’s first board chairman.
Key Takeaways
- Nvidia shares fell 14.3% to $148.80 after CEO Jensen Huang resigned, ending his 33-year tenure.
- CFO Colette Kress was named interim CEO as the board searches for a permanent successor.
- Jones was appointed the company’s first board chairman.
Nvidia shares fell 14.3% to $148.80 after CEO Jensen Huang resigned, ending his 33-year tenure. CFO Colette Kress was named interim CEO as the board searches for a permanent successor. Harvey C. Jones was appointed the company’s first board chairman.
Original Publisher Attribution
This summary was curated from Livemint.