Nvidia's appointment of Colette Kress as interim CEO puts one of the most powerful women in tech at the helm of the company whose chips and computing systems have become the backbone of the artificial intelligence boom.

The major leadership shakeup Thursday followed the board's ouster of CEO Jensen Huang amid reports of alleged extramarital affairs, including one involving a woman reportedly accused of being a Chinese spy.

Kress, 59, who spent 13 years at Nvidia as its chief financial officer (CFO) and executive vice president, ranks No. 32 on Forbes' list of America's richest self-made women, with an estimated net worth of $1.2 billion.

As of…

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