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Nvidia CEO Jensen Huang exits the company following reports of multiple affairs, including one with a suspected Chinese spy. His departure wiped out more than $600 billion in market cap value and caused shares to drop 27% over the last month. CFO Colette Kress is named interim CEO while the board searches for a permanent successor.
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Summary by ByteBrief

Nvidia Ousts Jensen Huang Over Spy Scandal

Jensen Huang's resignation caps a 33-year career, growing Nvidia from a GPU maker to AI giant; born in Taiwan, he moved to the US at 10 and owns 3.6% of Nvidia (Amrith Ramkumar/Wall Street Journal)

Nvidia CEO Admits Affair Shares Plummet