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Nvidia enters a new era without Jensen Huang, its co-founder and top executive for 33 years

TechnologyInternationalBioBioChileAI summary
Image: BioBioChile

Nvidia, a central player in the artificial intelligence boom and one of the largest US stock market giants, begins a new era without its co-founder Jensen Huang, 63, after he acknowledged in a letter to employees that he had been unfaithful to his wife. The company announced that Colette Kress, 59 and until now chief financial officer, will take over on an interim basis. The shares have fallen nearly 16% since November 3, when they closed at US$206.

In 45 seconds

  • Huang, Nvidia's co-founder and top executive for 33 years, acknowledged in a letter to employees that he had been unfaithful to his wife.
  • Colette Kress, CFO since 2013, will lead the company on an interim basis; the company will hold an internal meeting on Wednesday.
  • Nvidia shares are down nearly 16% since November 3, when they closed at US$206, and hovered around US$165 on Thursday.
Read the full story at BioBioChile

IASummary generated by artificial intelligence from a story by BioBioChile. It may contain errors: the original source prevails.

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