AMD Shares Sink 9% as Chip Rally Falters After Jensen Huang Exit
Key Highlights: Jensen Huang resigned immediately as Nvidia’s president, chief executive and director. CFO Colette Kress became interim CEO while continuing to lead Nvidia’s finance function. Chip stocks retreated Friday, but AMD, Broadcom and Marvell still posted double-digit weekly gains. Nvidia Begins CEO Succession Process Nvidia announced Thursday that Jensen Huang had resigned as president, ...