NVIDIA INTERIM CEO
Nvidia CEO Jensen Huang resigns, Colette Kress appointed interim CEO
The company has appointed Colette Kress as interim CEO, who will continue as EVP and CFO of the company. Harvey C Jones has been appointed as the chair of the board.
Who are the possible CEOs for Nvidia? Will an outsider take over from Jensen Huang? Here's the list
Nvidia CEO replacement:: Who could replace Jensen Huang as Nvidia CEO if he steps down or is forced out? Nvidia's board is reportedly exploring possible successors, with CFO Colette Kress and data centre head Ian Buck among the internal options. Arm CEO Rene Haas, AMD chief Lisa Su and Huang's children Madison and Spencer are also part of the succession discussion.
Who is Aarti Shah, Indian-origin Nvidia board member weighing Jensen Huang's future?
Aarti Shah is one of the directors at Nvidia Corp who may influence CEO Jensen Huang's future. The board is contemplating Huang's continuation as CEO following reports of his alleged extramarital relationships. Shah joined Nvidia's board in November 2020 and brings substantial experience from the pharmaceutical industry. In addition to her role at Nvidia, she serves on various other boards related to health and finance.
Who is Nvidia CFO Colette Kress's husband David Kress? Jensen Huang hired her in 2013; she could now succeed him
Nvidia CFO Colette Kress is reportedly among the candidates being considered for the interim CEO role if Jensen Huang steps down. But who is her husband David Kress? A former Microsoft executive, he spent nearly three decades at the company, rising from a mailroom job to senior management. The couple has two sons David Kress Jr. and Matthew Kress.
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.
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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.
Elon Musk hints at willingness to hire Jensen Huang if Nvidia fires him over affairs
Nvidia CEO Jensen Huang is under scrutiny for his extramarital affairs and possible ties to Chinese intelligence. Investigations have prompted Nvidia’s board to meet regarding his future within the company. Congress has also requested Huang to provide details about his interactions with Alice Huang. Support for Huang has emerged from prominent figures, including SpaceX CEO Elon Musk.
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.
Nvidia board meets to decide CEO Jensen Huang's future, source says
Nvidia's board is meeting to discuss whether to remove CEO Jensen Huang amid reports of two alleged extramarital affairs involving the longtime leader. The possibility of a leadership change has raised concerns among investors and market experts about the company's succession plans, future AI strategy, China business and its position in the global artificial intelligence industry. Here is what market experts are saying about the potential impact on Nvidia and the broader AI sector.
Chinese woman accused of spying on Nvidia boss entered Taiwan on Hong Kong passport
The woman accused of spying for China during an affair with Nvidia chief Jensen Huang used a Hong Kong passport to enter Taiwan, the island's immigration agency said Wednesday, as authorities investigate the incident. "Our government's relevant agencies are fully informed of the relevant records and information," National Immigration Agency Director-General Lin Horng-en told reporters, confirming that Alice Huang used a Hong Kong passport to enter Taiwan.
Tech Mahindra Q2 Results: Net profit jumps 33% YoY to Rs 1,586 crore; co declares Rs 15/share dividend, 1:1 bonus issue
Tech Mahindra Q2 Results: Along with the earnings, Tech Mahindra's board declared an interim dividend of Rs 15 per equity share of face value Rs 5 each, equivalent to 300%, for the financial year 2026-27. It also approved a 1:1 bonus issue, under which shareholders will receive one bonus equity share for every existing equity share held, subject to the applicable terms and conditions.
Sarvam plans big fundraise; HCLTech's Q2 profit jumps
Happy Tuesday! Sarvam is in talks for a big round that could double its valuation to $3 billion. This and more in today’s ETtech Morning Dispatch.
TCS Q2 results: Profit rises 15% YoY to Rs 13,884 crore; co declares dividend at Rs 12 per share
TCS Q2 Results 2026: IT services major Tata Consultancy Services (TCS) reported 15% year-on-year (YoY) growth in its consolidated net profit at Rs 13,884 crore for the second quarter. Also the company has declared a second interim dividend of Rs 12 per share for the financial year 2026-27.
Why are the Dow Jones, S&P 500 and Nasdaq falling today? The reasons behind the selloff from tech stocks to gold, silver and Bitcoin
US Stock Market Today: U.S. stock markets slipped on Monday morning as a sharp rise in crude prices and surging Treasury yields unsettled investors following last week’s broad rally. The Dow Jones Industrial Average dropped 379.73 points, or 0.73%, to 51,448.89. The S&P 500 sank 0.94% to 7,670.67, while the tech-heavy Nasdaq Composite dropped 1.22% to 26,737.84. Energy marked the sole S&P 500 sector trading in positive territory, benefiting directly from a fresh spike in global fuel costs.
SC refuses UPI MDR stay; Nvidia unveils tools for rogue AI
The Supreme Court has refused to stay MDR on select UPI transactions and sought Centre’s response. This and more in today’s ETtech Top 5.
Trump lays out the pomp for Xi but says little about the significant tensions in US-China relations
Presidents Donald Trump and Xi Jinping met for important discussions regarding trade relations and artificial intelligence advancements. Both leaders emphasized maintaining healthy competition to avoid conflict, especially concerning Taiwan. Discussions also touched upon the ongoing war in Iran and China's role in the peace process. The two sides agreed to extend a trade truce while processing trade disagreements.
Big exits at Peak XV; SC slams Meta, WhatsApp
Three managing directors at Peak XV Partners have left the building to launch their own investment fund. This and more in today's ETtech Top 5.
How Intel's dealmaker CEO charmed US President Donald Trump
Intel CEO Lip-Bu Tan recently found himself under fire from presidential criticism but skillfully transformed the situation into a golden opportunity. By striking a multi-billion dollar deal with the government, he secured essential funding and an equity stake that revitalised Intel’s ambitions.
How a Silicon Valley dealmaker charmed Trump and gave Intel a lifeline
Intel CEO Lip-Bu Tan met with President Trump. This meeting secured billions in U.S. government investment for Intel. The deal gives the U.S. government a significant stake in the chipmaker. Tan's leadership is being questioned regarding technical expertise. Nvidia recently tested Intel's manufacturing but did not proceed.
Meta finalises Scale AI deal, valuing startup at $29 billion; recruits its CEO for 'superintelligence' team
Meta has finalised an investment of $14.3 billion in Scale AI, valuing the startup at over $29 billion. Scale CEO Alexandr Wang will join Meta's new AGI-focused unit, with Jason Droege as interim CEO. The deal, Meta's second-largest ever, strengthens its AI ambitions and offers insights into rival labs' data strategies.
TSMC pitched Intel foundry JV to Nvidia, AMD and Broadcom
Under the proposal, the Taiwanese chipmaking giant would run the operations of Intel's foundry division, which makes chips adapted for the needs of customers, but it would not own more than 50%, the sources said. Qualcomm has also been pitched by TSMC, according to one of the sources and a separate source.
Chipmaker Intel beats revenue expectations amidst Q4 loss
Intel reported a fourth-quarter loss on Tuesday, but better than expected revenue as the US chip giant continues to struggle to stake its place in the artificial intelligence revolution. The company's Client Computing Group, which includes PC chips, saw revenue fall 9 percent to $8 billion in the fourth quarter.
Intel's quarterly revenue tops expectations as investors await new CEO
Intel exceeded December-quarter expectations, but its current-quarter forecast missed predictions. The company struggles with low demand for data center chips and awaits a new CEO. Interim Co-CEO Michelle Johnston Holthaus announced a halt on a new AI chip design. Intel faces competition from Nvidia and AMD, and concerns over tariffs impacting sales.
Intel names two chip industry veterans to its board amid CEO search
Intel has struggled to keep up with advanced chipmaking, falling well behind rivals such as Nvidia in designing chips that power AI and TSMC in making smaller and more efficient semiconductors. The company's next CEO will have manufacturing expertise as well as experience in the product side of the business, interim co-CEO and CFO David Zinsner said earlier this week.
Intel's interim co-CEO Zinsner says new chief executive will have foundry experience
Zinsner said there was no change to the forecast provided during the company's previous earnings report in October when it expressed optimism about the future of its PC and server business. Intel's shares have fallen more than 55% so far this year after it largely missed out on the artificial intelligence boom and trails behind industry heavyweight Nvidia.
The rise and decline of Intel
In the year 2024, Intel unveils a plan to invest $100 billion across four U.S. states to build and expand factories, after securing federal grants and loans aimed at bolstering U.S. chip manufacturing.
Microsoft’s stock hits record high after hiring OpenAI outcasts
The unexpected ouster on Friday of Sam Altman, OpenAI’s co-founder and CEO, set off a chain of events that erased tens of billions from Microsoft’s market value, a sign of how important OpenAI is to the tech behemoth. Microsoft has invested more than $13 billion in OpenAI, and Apple, Google and Meta have rushed to catch up with their own AI offerings.
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