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Nvidia CEO Jensen Huang to step down in big blow to AI boom

Summary

  • Nvidia CEO Jensen Huang is stepping down, ending his leadership of the AI chipmaker.
  • Chief financial officer Colette Kress will serve as interim CEO while a permanent successor is sought.
  • Huang will not remain on the board of directors following his departure.
  • Huang, a co-founder of Nvidia, holds approximately 3.61 percent of the company as its fourth-largest investor.
  • The announcement was made on Thursday by the company.
  • This is a developing story with further details expected to follow.

Nvidia CEO Jensen Huang is stepping down, leaving the AI industry without its biggest champion and clouding the future of the chipmaker he built into an AI powerhouse.