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Huang Steps Down as Nvidia CEO as Microsoft Outage, Cisco Growth Mark Tech Week

Nvidia co-founder Jensen Huang, who stepped down as CEO, saw shares fall as brokerages downgraded the stock amid succession concerns. Cisco's networking business grew 43% year over year, while hardware margins weighed…

An empty executive chair sits at the head of a boardroom / TokenPost.ai
An empty executive chair sits at the head of a boardroom / TokenPost.ai

Nvidia co-founder Jensen Huang’s decision to step down as CEO, a Microsoft service disruption and Cisco’s networking gains brought leadership, reliability and growth into focus across technology this week.

Nvidia shares fell, while several brokerages cut their ratings over leadership and succession concerns.

Microsoft experienced a service outage that interrupted work at businesses and government organizations in Asia and the United States.

Cisco's networking business grew 43% from a year earlier, and its outlook exceeded expectations. Hardware margin pressure weighed on the company's results.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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