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Nvidia CEO Huang Resigns; CFO Kress Named Interim CEO
Nvidia CEO Jensen Huang has resigned amid an affair scandal involving a suspected Chinese spy and allegations of another extramarital relationship, according to KBS World. The company's board was reportedly preparing to oust him, and the Wall Street Journal reported the board's plans, citing sources. Following his resignation, Nvidia has named longtime executive Colette Kress, who joined the chipmaker in 2013, as interim CEO, the Korea Times reports. The resignation has sent shares tumbling, with Nvidia's forward P/E ratio falling to around 12 times, its lowest level in 14 years, Business Korea reports. Korean media coverage focuses on the leadership crisis and its impact on the AI industry, with some outlets noting the uncertainty for the chipmaker's future.


















