The tech giant's web of ties to other companies is raising the possibility that it could do far-reaching economic and financial damage.
Analysis: Nvidia’s leadership crisis tests the chipmaker’s role as the ‘central bank of AI’
Source: CNBC
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Jensen Huang's Nvidia exit casts shadow over Wall Street’s $500 billion AI financing bet
Nvidia’s cofounder and chief executive resigned on Thursday after the company opened an investigation into his affair with an alleged Chinese intelligence asset.
CNBC3 outlets
Nvidia stock pares morning losses after CEO Jensen Huang announces resignation
It's the end of an era for Nvidia , as its founder and longtime CEO, Jensen Huang, has resigned effective immediately. The face of one of the largest companies in the US and the growing AI boom, Huang's retirement comes after news broke of his two extramarital affairs, one of which was with a suspected Chinese spy. Nvidia has appointed its Chief Financial Officer, Colette Kress, to serve as interim CEO and Harvey C. Jones as Chair of the Board, but Huang's departure will leave a void that won't be easily filled, as he was heavily involved in Nvidia's day-to-day operations. The news is also expected to complicate things for Nvidia's stock price, as it has been in decline for over a month. The internet is already having a field day with Huang's departure, with hot takes and memes dominating the discourse right now. Huang's days of pulling on his signature leather jacket and hitting the sta
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Jim Cramer on why Nvidia shares are not down more — plus, 3 stocks to buy
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
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Jensen Huang's exit from Nvidia raises critical questions about the future of AI
Nvidia CEO Jensen Huang has been a singular figure in the development of the AI industry, which suddenly has to survive without him.
The Guardian13 outlets
Nvidia CEO Jensen Huang resigns over scandal and is replaced by CFO Colette Kress on interim basis – follow live
Nvidia has announced that Jensen Huang has resigned as president and CEO of the company, effective immediately. Nvidia's current Chief Financial Officer, Colette Kress, will serve as interim CEO while keeping her CFO duties until a permanent replacement for Huang can be found. Harvey C. Jones, a longtime tech executive and investor, has been appointed as Nvidia's first-ever Chair of the Board, and the company says that operations, product plans, and customer commitments will continue without interruption. Nvidia's Q3 2017 financial results will still be reported on its scheduled date of November 17. Things began to look dire for Nvidia CEO Jensen Huang after it was revealed that he'd been involved in an extramarital affair with a suspected Chinese spy. This week, news broke that he'd also taken part in a second affair with one of his executives. According to The New York Times , the Nvid
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Trump says ‘we don’t need a deal with Iran’
Oil prices were mixed on Thursday, after the latest comments from President Donald Trump raised worries that an end to the U.S.-Iran war was not in sight.