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How will Nvidia CEO Jensen Huang’s resignation affect crypto investors like you?

Image: AMBCrypto

When it rains, it pours. That's how Nvidia investors feel right now. The financial market had painstakingly priced in news of Nvidia's President and CEO having an affair with a Chinese spy. Over the last 24 hours, however, it has been revealed that he also had a relationship with a junior executive at the company itself. Simply put, sh*t hit the fan. And, NVDA's performance highlighted that reality. At the time of writing, NVDA was trading at $164.23, down 14% in the last 5 days alone. Thus, it was no surprise that Jensen Huang resigned. In a statement, the company's board announced that CFO Colette Kress will take over as Interim CEO until a more permanent hire is made. The statement added, Jensen’s contributions to NVIDIA are profound.

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