Nvidia CEO Jensen Huang is resigning.
CFO Colette Kress was appointed to an interim position.
"The board of directors announced today that Jensen Huang will step down from his positions as president, CEO and board member, effective immediately. Colette Kress will continue to serve as Vice President and CFO, while also serving as CEO, until a permanent successor is appointed. The board begins the search for a permanent CEO and the external company will consider both a permanent and an external CEO statement.
Huang founded Nvidia and has led it since 1993. He made the decision to resign after learning of his relationship with a Chinese citizen who was suspected of espionage.