Jensen Huang is out as Nvidia CEO after an affair and spying scandal. Elon Musk tweeted that hiring him 'would be an honor.' Nvidia stock fell 8%. Tesla rose 0.7%. SpaceX fell 5%.
Sentimentbearish 25
Bearish · 25 of 100
Impact80
high · market-wide
Confidence90%
high confidence · 6 wires
Eventdeveloping
v6 · alerted to followers
WHAT WE KNOW
Jensen Huang resigned as Nvidia CEO effective immediately.
Nvidia board is searching for a permanent successor.
Huang acknowledged an extramarital affair; a Chinese spying scandal is under investigation.
Elon Musk tweeted Wednesday evening that hiring Huang 'would be an honor.'
Nvidia stock fell 8% to $159.92 in early trading.
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