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An overlooked AI winner names a new CFO -- plus, Nvidia's key earnings loom

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An overlooked AI winner names a new CFO -- plus, Nvidia's key earnings loom
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xCruzo Brief

Qnity Electronics named Ken Rizvi as its next chief financial officer, effective Oct. 1, replacing Michael Goss, who has served as interim CFO. Rizvi joins Qnity after a stint as CFO of Synaptics. The appointment comes as Qnity shares were down nearly 3% on Friday, though CNBC’s club team said it’s unclear whether the move is driving the drop. The stock has fallen about 9% this week alongside other companies tied to AI infrastructure. Qnity, spun out of DuPont last fall, is seen as underappreciated and could gain coverage if more analysts focus on it.

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