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Nvidia's board pushes out Jensen Huang; Colette Kress becomes interim CEO

The removal of the founder who has led Nvidia for 33 years leaves the world's most valuable chip company without a permanent leader.

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This brief comes from Tech Twitter’s edited headlines. The posts below are the sources grouped with the story; statements in them belong to their authors.

Aakash GuptaLead source
In 1985, Apple's board pushed out Steve Jobs. Twelve years later, Apple was 90 days from running out of cash, and the board had to bring him back. This morning Nvidia's board pushed out Jensen Huang, the only CEO it's had in 33 years, and they did it four days into their own investigation. That investigation opened Sunday. It's looking at whether Alice Huang (no relation), an executive at a Singapore company that bought billions of dollars of Nvidia chips, was recruited by Chinese intelligence, and the board's own statement said it had no reason to believe any secrets got out. On Wednesday the New York Times reported a second affair, with Kimberly Powell, an Nvidia VP who reports to him. That night the Wall Street Journal said the board was getting ready to push him out, and by Thursday…
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Nvidia CEO Jensen Huang resigns amid spy, affair scandals. After reports of Huang’s two extramarital affairs with an alleged spy and an Nvidia executive, he’s out, and Nvidia CFO Colette Kress is in
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Nvidia's board ousted CEO Jensen Huang days after opening an independent investigation into reports that he was the target of a foreign intelligence effort. His successor will face questions about Nvidia's $100 billion in equity investments, including a planned $10 billion stake in Anthropic's IPO next week. Full story:
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Jensen Huang is out, NVIDIA CFO Colleen Kresse is interim CEO. Big question now is what it means for AI industry to have such a key dealmaker behind supply of compute, investment for both biggest AI companies and smaller startups alike suddenly removed.
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🧵 BREAKING: Jensen Huang has resigned as Nvidia CEO, upending the world’s second-most-valuable company and rattling one of the foundations of the AI economy. Finance chief Colette Kress will become interim CEO.
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Jensen Huang has resigned as Nvidia CEO, president and board member effective immediately. CFO Colette Kress is now interim CEO while the board searches for a permanent successor.
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Nvidia is searching for a new CEO after ousting Jensen Huang, who resisted a succession plan and left no clear No. 2 among dozens of direct reports. Huang once told senior colleagues he planned to run the company until he was 120. Full story:
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How the headline evolved

  1. Nvidia's board pushes out Jensen Huang; Colette Kress becomes interim CEO

  2. Nvidia ousts CEO Jensen Huang and starts searching for successor

  3. Nvidia CEO Jensen Huang steps down; finance chief Colette Kress interim

  4. Nvidia CEO Jensen Huang resigns; CFO Colette Kress named interim

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