Nvidia shares plunged further Thursday after CEO Jensen Huang stepped down, sending shockwaves through the artificial intelligence industry and pressuring stocks tied to the sector.
Huang's departure comes after reports that Nvidia's board was considering removing the longtime executive amid scrutiny of his personal conduct and alleged ties to a woman suspected of working for Chinese intelligence.
Chief Financial Officer Colette Kress will serve as interim CEO while Nvidia searches for a permanent replacement, the company said Thursday, according to Reuters. The chipmaker also named former Synopsys CEO and board member Harvey Jones as its…
Read the full article at FOXBUSINESS.COM
