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Huang resigns in spy row
Nvidia announced Thursday that its founder, Jensen Huang, had resigned with immediate effect as CEO and chair of the company, and stepped down from its board, amid a crisis sparked by reports of personal relationships and suspicions that he had been targeted by a foreign intelligence service. CFO Colette Kress was appointed interim CEO, while the board launched an independent investigation and began searching for Huang’s successor. The company’s shares fell about 10% in premarket trading, ahead of its third-quarter results due on November 17.
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