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via benzinga.comBusiness & Companies

Nvidia CEO Jensen Huang resigns, CFO Colette Kress named interim CEO

FROM THE WIRE · BENZINGA.COM

NVIDIA Corp. (NASDAQ:NVDA) said Thursday Jensen Huang has resigned as president, chief executive officer and a member of the board, effective immediately.

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishThe resignation of the CEO of a leading chipmaker is a governance event that can weigh on the stock and the sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Jensen Huang has resigned with immediate effect as president, chief executive officer and board member of NVIDIA.
  2. 02CFO Colette Kress takes over as interim CEO.
  3. 03The announcement was made by the company on Thursday.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
NVIDIA CorporationNVDAStock162.18 USD+4.06%today -6.65%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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