US Stock Market Move | NVIDIA Corporation (NVDA.US) extended its premarket decline to 10%; CEO Jensen Huang resigns, CFO Colette Kress appointed interim CEO.
On Thursday, NVIDIA Corporation (NVDA.US) extended its premarket decline to 10%, now trading at $155.30.
On Thursday, NVIDIA Corporation (NVDA.US) extended its premarket decline to 10%, now at $155.30. On the news front, NVIDIA Corporation announced that its board of directors has approved Jensen Huang's resignation as the company's president, chief executive officer, and director, effective immediately. The company's current executive vice president and chief financial officer, Colette Kress, will serve as interim CEO while continuing as CFO until a permanent successor is determined. The board will initiate a search process for a new CEO, considering both internal and external candidates. NVIDIA Corporation's board also appointed Harvey C. Jones as the company's first board chairman; Jones previously served as CEO and executive chairman of Synopsys, Inc.
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