Jensen Huang steps down as Nvidia CEO and board member; CFO named interim chief executive
MARKETSNvidiacoinbrief/daily · 1 source
- Severity
- High
- Sources
- 1
What happened
Nvidia CEO Jensen Huang has resigned as chief executive and board member, and CFO Colette Kress is interim CEO while the board considers internal and external candidates. Nvidia shares fell more than 10% pre-market to $152 before rebounding above $165 on Thursday. The article argues that an unwind of the AI trade could spill into Bitcoin, which it says is already down $14,000 in 10 days.
For IT people · Written by AI from 1 source · Wrong?
What to do
- Watch whether Nvidia's board names a permanent chief executive, as the board is considering both internal and external candidates.
- Watch whether weakness in AI-linked tech shares spreads to Bitcoin, which the article describes as a possible risk-off effect.
Written by AI from the sources, checked against them
Full story timeline · 1 update
Who reported · 1 outlet
CryptoPotato
Who and what is in it
Companies