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Nvidia CEO steps down amid spy scandal and market-value plunge Nvidia CEO steps down amid spy scandal and market-value plunge

Nvidia CEO steps down amid spy scandal and market-value plunge

Nvidia has said its chief executive, Jensen Huang, has stepped down after allegations linking him to a suspected Chinese spy and an executive affair. The move comes as the company faces intense scrutiny over its business ties in Southeast Asia and concerns about access to advanced chips. Nvidia also said it has appointed Colette Kress, its chief financial officer and executive vice president, as interim chief executive.The company has lost more than $600bn in market value this week, according to the supplied report, after its shares fell sharply in pre-market trading. The board met on Wednesday night to discuss Huang's... [Continue Reading]

360LiveNews 360LiveNews | 12 Nov 2026 14:29 LONDON

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