Nvidia CEO resigns, company seeks replacement

Jensen Huang has officially stepped down as CEO of Nvidia amid personal scandals, with Colette Kress appointed as interim leader. The board is searching for a permanent successor. Huang's resignation follows revelations of extramarital affairs, including one with a suspected Chinese spy, raising concerns about national security. Nvidia's stock dropped over 8% following the news, reflecting investor uncertainty. Huang, who holds a significant stake in the company, leaves behind a complex management structure, complicating the search for a new CEO.