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Nvidia board removed co-founder Jensen Huang as CEO effective November 11, 2026, following reports of two extramarital affairs and espionage allegations. CFO Colette Kress becomes interim CEO while the board searches for a permanent replacement, potentially considering Apple's Johny Srouji. Board appointed Harvey C. Jones as first-ever chair. Share price dropped 10% amid scandal revelations.
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Summary by ByteBrief
Nvidia Shares Plummet as Board Considers Jensen Huang's Future as CEO