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Huang Leaves Nvidia Post

Huang Leaves Nvidia Post

Nvidia announced that Jensen Huang was stepping down as CEO and appointed CFO Colette Kress as interim CEO. Huang co-founded the company 33 years ago and led it to a market capitalization of $4 trillion. The company’s shares fell 11% following the announcement, amid reports of personal relationships that raised concerns about possible links to Chinese espionage and the circumvention of export controls. Huang denied putting national security or Nvidia’s secrets at risk, while the board hired a law firm to investigate the allegations.

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