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Nvidia CEO Jensen Huang is stepping down after 33 years leading the chipmaker, with CFO Colette Kress serving as interim CEO.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02NVIDIA CEO Jensen Huang is stepping down after 33 years leading the chipmaker he co-founded.
00:09CFO Colette Kress will serve as interim CEO while the company searches for a permanent replacement.
00:16Huang's departure follows revelations about two extramarital affairs.
00:20One involved businesswoman Alice Huang, who has worked for NVIDIA customer Megaspeed.
00:25The New York Times subsequently reported that Huang also had an affair with NVIDIA executive Kimberly Powell.
00:32NVIDIA's board met Wednesday to discuss the company's future.
00:36Huang's departure also puts the spotlight on President Trump, who developed a close relationship with the NVIDIA CEO.
00:42Huang became a key voice on USAI policy, advocating for open-source AI access and chip exports to China.
00:50For all things money, visit Benzinga.com.

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