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Nvidia shares closed down 4.6% after CEO Jensen Huang resigned

Colette Kress is interim CEO, and the board is searching for a permanent successor.

Tactiq Desk
Macro of a computer chip die with blue light across its circuitry

Nvidia shares closed down about 4.6% on Thursday after chief executive Jensen Huang resigned as president, CEO and board member. He had led the chipmaker for 33 years. The shares fell more than 14% at the open.

The board opened an independent investigation into whether Huang was the target of a foreign intelligence operation. It said it had no reason to believe company secrets or national security were compromised.

Colette Kress, the finance chief, is interim CEO. Nvidia reports earnings on Nov. 17.