Nvidia's shares took a significant hit on Tuesday, plummeting 10% to $156 after the company's co-founder and CEO Jensen Huang unexpectedly resigned from his positions as president, chief executive, and board member. The sudden departure has left investors and analysts scrambling to understand the reasons behind Huang's decision.
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CFO Colette Kress has taken over as the interim CEO, but the timing of Huang's resignation and the lack of a clear explanation have raised concerns about the company's future direction.