COLETTE KRESS
Investors worry the AI trade needs Nvidia's Huang and its largesse
Nvidia's shares fell 8% following concerns about CEO Jensen Huang's leadership amidst personal controversies. Investors fear his potential ouster may impact the company's support for AI developments and market strategies. Chipmakers across Asia also experienced declines due to funding risks and demand outlook fears. Despite uncertainties, analysts believe Nvidia's core technology will remain central to AI market growth.
Nvidia CEO succession: Who could replace Jensen Huang if board ousts him?
Nvidia's board is reportedly weighing a leadership change involving CEO Jensen Huang, with CFO Colette Kress and veteran executive Ian Buck emerging as potential successors. While Kress could serve as interim CEO, Buck is seen as a leading technology-focused candidate. Arm CEO Rene Haas is also in the succession conversation.
Investors worry the AI trade needs Nvidia's Jensen Huang and its largesse
Investors worry that a change in leadership at Nvidia might affect the company’s support for the AI market. Reports of CEO Jensen Huang’s extramarital affairs have led to speculation about his future. As Nvidia’s board deliberates over Huang's fate, the market reacts with cautious sentiment.
Nvidia board may oust CEO Jensen Huang: Here are the top contenders for his job
Nvidia's board is set to deliberate the possibility of ousting CEO Jensen Huang amid serious allegations of extramarital affairs. These revelations have raised significant concerns regarding his leadership effectiveness. As the company searches for a potential successor, names such as CFO Colette Kress and Huang's cousin Lisa Su have surfaced. Complicating matters further is an ongoing inquiry into foreign intelligence efforts targeting Huang.
Who is Colette Kress? Meet Nvidia's longtime CFO reportedly emerging as a favourite for interim CEO as Jensen Huang faces ouster
Nvidia is currently navigating a leadership upheaval as speculation mounts over CEO Jensen Huang's potential ousting. Some board members are eyeing Colette Kress, the chief financial officer, as a promising interim successor. Recent revelations of Huang's extramarital affairs have severely undermined internal trust.
Who's next CEO at Nvidia? Top engineer and CFO favored as candidates
Nvidia's CEO Jensen Huang faces potential ousting from the board due to reported extramarital affairs. If removed, Colette Kress could serve as interim CEO due to her experience and familiarity. Meanwhile, Ian Buck, a key engineer at Nvidia, is seen as a strong long-term candidate for the position. Speculation also includes external candidates like Arm CEO Rene Haas. Nvidia's governance and direction are under scrutiny as these developments unfold.
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Who could potentially replace Jensen Huang if Nvidia ousts him?
Nvidia's board is reportedly discussing the future of CEO Jensen Huang due to recent controversies surrounding him. Huang has been linked to extramarital affairs, including a connection to an accused Chinese spy. Speculation about potential successors includes internal candidates and family members, highlighting the absence of a clear succession plan. External candidates from other tech firms are also being considered as replacements for Huang.
Alleged spy plot targeting CEO Jensen Huang raises questions about Nvidia's future
Jensen Huang has been synonymous with Nvidia since he co-founded it more than 30 years ago. The company now faces potential damage to its reputation and stock price, uncertainty over a possible successor and new scrutiny from shareholders and elected officials.
Nvidia's 700,000% return faces a succession test amid Huang's China spy affair
Nvidia's CEO Jensen Huang maintains a unique office structure that reflects his hands-on management style. With around 60 direct reports, he closely oversees company operations and decisions, even involving himself in employee compensation. Amid recent controversy over personal allegations, questions about Nvidia’s leadership succession have emerged. Huang, who co-founded the company, hopes a suitable successor will arise from within its ranks.
Jensen Huang's influence over Nvidia raises questions about AI industry's dependence
Nvidia CEO Jensen Huang's influence extends beyond the chipmaker, shaping AI investment, chip supply and industry sentiment. His central role has also raised questions about succession planning and the risks of relying on one executive, as the company investigates whether he was targeted by a foreign intelligence effort involving China.
Will Nvidia CEO Jensen Huang keep his job amid FBI probe? Here’s what we know
Nvidia's CEO Jensen Huang finds himself embroiled in controversy as he is under investigation due to his alleged affair with Alice Huang, believed to be a Chinese spy. In light of these serious claims, Nvidia has launched an independent inquiry, which Huang is fully backing. Meanwhile, federal authorities are probing for possible export violations, raising questions about Huang's leadership amid concerns over succession planning and the company's future stability.
'No ordinary CEO': Why the AI race cannot do without Nvidia's Jensen Huang
Nvidia CEO Jensen Huang’s influence extends beyond chip supply, making him a central figure in the global AI industry. The company’s dominance in AI processors, investments across the sector and Huang’s close control over its strategy have raised concerns about the risks of depending heavily on one executive.
'No ordinary CEO': Why the AI race cannot do without Nvidia's Jensen Huang
The star power that 63-year-old Huang draws as the gatekeeper to Nvidia's chips shows how badly the AI industry is leaning on him for the graphics processing units that train models and run services such as ChatGPT.
Meesho loss narrows; Sanjeev Bikhchandani back as Info Edge CEO
Meesho cut its losses in the July-September quarter, while growth continued. This and more in today’s ETtech Top 5.
Four Indian-origin executives in the spotlight as Anthropic files for IPO
Anthropic reported $16.3 billion in revenue in the first half of 2026, up from $1.16 billion a year earlier. Its net loss, however, widened to $80.7 billion, largely because of an accounting adjustment linked to the rising value of its convertible securities. Its operating loss, which reflects the performance of its core business, narrowed to $693 million from $2.1 billion a year earlier.
Nvidia shares rally 5% after stellar Q2; revenue guidance for 2028 tops analyst estimates
Nvidia shares jumped 5% in extended trading on Wednesday after the chipmaker reported stellar Q2 results and forecast 70% revenue growth for FY28. The guidance topped analyst expectations, while strong AI demand continued to drive optimism despite memory shortages and margin pressures.
Nvidia investors beware: Firm flags 2 risks after better-than-expected Q2 earnings
Nvidia’s AI boom remains strong, but rising memory costs and growing debt are emerging as key risks. The chipmaker expects gross margins to bottom at 71–72% in Q4 FY27, while rising debt could pressure its financial condition and cash flows.
Nvidia forecasts 70% sales growth next year, signals AI spending boom has years left to run
"AI has reached its inflection point. It's doing useful work. Its tokens are productive and profitable. Now, compute is revenue," Nvidia Chief Executive Jensen Huang said.
Global Market Today: Nasdaq futures, Asian stocks rise on Nvidia outlook
Contracts for the tech-heavy Nasdaq 100 Index climbed 1.2%, while those for the S&P 500 Index added 0.6% after Nvidia signaled strong sales growth in 2028. The company’s shares rallied 4.2% in extended trading. The upbeat outlook also lifted other AI stocks, including Marvell Technology Inc. and Sandisk Corp., in after-hours trading.
Nvidia expects gaming chips shortage to last until year-end
Nvidia expects the supply constraints to hurt its gaming business in the current quarter and beyond even as the chip giant sees strong demand, Nvidia finance chief Colette Kress said on the company's quarterly earnings call on Wednesday.
Nvidia CEO says purchase orders, not formal declaration, will signal Chinese approval of H200
Earlier on Tuesday in an interview with a JPMorgan analyst, Nvidia CFO Colette Kress said that the U.S. government is "working feverishly" on license applications for Nvidia to ship its H200 chips to China, but that the company still does not know when they will be approved.
Nvidia CFO says chipmaker yet to finalise $100 billion OpenAI deal
Nvidia's agreement with ChatGPT parent OpenAI to invest up to $100 billion in the startup is still not finalised, the chipmaker's chief financial officer Colette Kress said on Tuesday at the UBS Global Technology and AI Conference in Arizona.
Nvidia stock boom just minted 2 more billionaires — meet Jensen Huang’s lucky lieutenants
Nvidia billionaires: Nvidia's top executives, Colette Kress and Jay Puri, now hold billionaire status. Their wealth increased due to Nvidia's soaring stock value. The company's market capitalization exceeded $4 trillion. CEO Jensen Huang's net worth also rose significantly. Huang emphasizes rewarding his team and reviews employee compensation. He believes in taking care of people for overall success.
Nations building their own AI models add to Nvidia's growing chip demand
Nvidia's chip demand is surging as nations create AI models in their own languages. This development includes governments aiming to strengthen national security with customized AI models and infrastructure. Countries' movements are expected to significantly contribute to Nvidia's revenue, projecting around low double-digit billions by January 2025.
Nvidia CEO Huang expects AI-generated videos to drive more demand for its chips
After riding a demand surge sparked by Big Tech's rush to roll out chatbots, Nvidia now expects new AI models that are capable of creating video and engaging in human-like voice interactions to spur more orders for its graphics processors.
Meta expects first shipments of new Nvidia chips later this year
Meta Platforms prepares for new Nvidia B200 chip, enhancing AI capabilities. Mark Zuckerberg discloses chip stockpile strategy and plans for Llama model training with GPU clusters and Blackwell chip.
US mulls new export restriction on computing power in AI chips
U.S. officials are considering tightening an export control rule designed to slow the flow of artificial intelligence chips to China by clamping down on the amount of computing power the chips can have, according to two people familiar with the matter.
Nvidia sees permanent loss of opportunities from China export curbs
US officials are considering tightening an export control rule designed to slow the flow of AI chips to China by clamping down on the amount of computing power the chips can have, according to two people familiar with the matter.
Nvidia sees no material impact from reported AI chip restrictions on China
Nvidia expects no immediate material impact from the reported new restrictions on exports of artificial intelligence chips to China, CNBC reported on Wednesday citing CFO Colette Kress.
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