The resignation of Jensen Huang as CEO of Nvidia on Thursday roiled the company's stock, as investors and analysts assessed the path forward for the AI giant.
Huang, who co-founded Nvidia in 1993, resigned following reports of two extramarital affairs, including a relationship with a Chinese businesswoman whom U.S. authorities suspect of spying for Beijing which prompted a board investigation. Nvidia announced that veteran chief financial officer Colette Kress will serve as interim CEO.
Nvidia shares slumped roughly 14% from Wednesday's closing price, hitting an intraday low of $148.80 per share, before paring those losses. As of early…
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