Nigeria, Nov. 12 -- Nvidia's Chief Executive Officer Jensen Huang has given up his position at the company he co-founded 33 years ago and helped build into a $4 trillion corporation at the heart of the artificial intelligence boom.

He will be replaced at the chipmaker by Colette Kress, the chief financial officer (CFO), as interim CEO.

The company disclosed its board's decision in a post on its website on Thursday, saying Ms Kress would retain her position as executive vice president and CFO while serving as interim chief executive until a permanent successor is appointed.

The board said it had begun searching for a permanent CEO and will consider both internal and external candidates.

The leadership change followed reports of an affa...