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Nvidia names CFO Colette Kress as interim CEO replacing Jensen Huang
1 source
— 16h
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Nicole Hardy
Replacing the founder CEO with the CFO makes me wonder if there's pressure from the board or bigger changes coming.
Huang Resigns from Nvidia; Shares Fall Up to 13%
Jensen Huang
— 19h
Nvidia shares fell about 10% after CEO Jensen Huang resigned immediately, with CFO Colette Kress named interim CEO. The abrupt leadership change unsettled investors and raised concerns about continuity at the AI chipmaker, while Nvidia-linked perpetual futures also dropped amid earlier reports of board discussions about Huang’s future.
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Dana Whitfield
Colette Kress as interim CEO might keep finances steady but probably won't match Huang's technical edge in this competitive field.