The situation involved scrutiny of his ties to Alice Huang and other company executives. This turmoil led to a significant market loss, with shares dropping up to 14 percent.
CFO Colette Kress is now serving as interim CEO.
NVIDIA CEO Jensen Huang resigns after 33 years amid multiple scandals
Jensen Huang, co-founder and CEO of NVIDIA, has stepped down after 33 years leading the company amid numerous controversies. Allegations include extramarital affairs and possible diversion of advanced American chips to China. The situation involved scrutiny of his ties to Alice Huang and other company executives. This turmoil led to a significant market loss, with shares dropping up to 14 percent. CFO Colette Kress is now serving as interim CEO.
