NVIDIA CEO Jensen Huang Resigns, Colette Kress Appointed Interim CEO

Jensen Huang, co-founder and long-time CEO of NVIDIA, has resigned, effective immediately. Colette Kress, the company's Executive Vice President and Chief Financial Officer, has been appointed Interim CEO. The board is initiating a search for a permanent successor, considering both internal and external candidates. This leadership change comes amidst reports of internal investigations and has led to a significant drop in NVIDIA's stock value.