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 stage to show off Nvidia’s new hardware are now over.
What’s next for Huang? Only he knows, but he’ll likely retire with a pretty substantial golden handshake. As the largest shareholder in Nvidia–a company currently valued at trillions–Jensen’s stock is also worth billions if he ever decides to sell.
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