Nvidia stock sinks after CEO Jensen Huang resigns

Nvidia's stock sank on Thursday morning after the tech company announced the resignation of CEO Jensen Huang.

Shares of Nvidia fell more than 13% in early trading.

Colette Kress, current executive vice president and chief financial officer, will serve as interim CEO, the company said in a statement on Thursday.

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Huang's resignation comes amid reports of Huang's alleged affair with a suspected Chinese spy.

This is a developing story. Please check back for updates.