Nvidia CEO Jensen Huang resigns

Jensen Huang has resigned as CEO of Nvidia amid scandals related to infidelity, resulting in a significant loss of market value. Colette Kress will serve as interim CEO while a replacement is sought. Huang's departure follows revelations of multiple affairs, including one with a vice president at Nvidia and another with an executive from a major client. The board expressed gratitude for Huang's contributions, emphasizing the company's commitment to maintaining operations and strategy continuity. Kress, who has been with Nvidia since 2013, is expected to lead the company through this transition.