NVIDIA LEADERSHIP TRANSITION
Nvidia employees rally behind Jensen Huang; Trump says only Tim Cook can replace him
In a surprising turn of events, Nvidia employees are mobilizing their support for Jensen Huang, who recently resigned amid controversy. Many fear that the company may falter without his visionary leadership, which has spanned over three decades. Internal messages highlight a strong desire among staff for the board to reconsider their decision and reinstate him, receiving backing from prominent figures in tech and investments.
‘Deer in the headlights’: How ex-Nvidia CEO Jensen Huang reacted when successor Colette Kress questioned his AI bets
Nvidia's leadership transition has put interim CEO Colette Kress in the spotlight following Jensen Huang's sudden resignation amid reports of multiple alleged affairs. Months before his exit, Kress reportedly challenged Huang's aggressive AI financing strategy, prompting him to question her leadership abilities and describe her as “a deer in the headlights.”
Jensen Huang's third affair revealed after Nvidia exit; latest involves another employee: Report
Ousted Nvidia CEO Jensen Huang had an intimate relationship with a second employee, Reuters reported, days after his resignation following revelations of two other extramarital affairs. The disclosures triggered a board investigation into possible foreign intelligence involvement, while Nvidia appointed finance chief Colette Kress interim CEO. Its shares fell 5.5% Thursday.
Five days after becoming Nvidia interim CEO, Colette Kress will face her first NVDA earnings report without Jensen Huang on November 17
Colette Kress will face her first major earnings announcement as Nvidia’s interim CEO on November 17, just five days after Jensen Huang resigned. The longtime CFO will continue overseeing the company’s finances as Nvidia prepares to report its third-quarter results and searches for a permanent CEO.
Texas Instruments, Microsoft, Cisco, then Nvidia: The finance career behind Colette Kress, Nvidia’s new interim CEO after Jensen Huang’s resignation
Colette Kress Nvidia: Colette Kress has taken over as Nvidia’s interim CEO following Jensen Huang’s resignation. Before joining the chipmaker in 2013, she held senior finance positions at Texas Instruments, Microsoft and Cisco. Here’s a look at her career, education and rise to the top of Nvidia.
Post-Gen Jensen Nvidia: A smooth leadership transition needed
The scale of Huang’s indiscretions outweighs anything reported so far in corporate history. Nvidia is the world’s 2nd most-valuable company, and reached $5.6 tn peak value — before the scandal broke. Investors have lost $600 bn this week. This matters, because of the weight Nvidia and fellow technology stocks have in the US500. The effects are rippling through AI and technology stocks to the broader market and risk throttling investment. An AI slowdown will squeeze US growth and intensify fiscal stress.
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Jensen Huang resignation: Is Nvidia facing its Steve Jobs moment?
Jensen Huang resignation: Nvidia is undergoing a significant leadership change following co-founder Jensen Huang's resignation. The company has appointed Colette Kress as interim CEO while it evaluates permanent leadership options. Challenges include maintaining momentum in the AI sector without Huang's unique influence and authority. Unlike Apple, Nvidia lacks a pre-identified successor, complicating its transition. The focus will be on establishing a robust leadership structure to sustain innovation and operational success.
Jensen Huang resigns from Nvidia: Who is Johny Srouji, the Israeli-born Apple chip chief linked to his possible replacement?
Jensen Huang resigns: Johny Srouji, Apple's chief hardware officer, may be considered for the upcoming CEO position at Nvidia. He has extensive experience leading Apple's custom silicon development over the past two decades. Nvidia is currently in search of a new permanent CEO following Jensen Huang's departure from the role. Interim CEO Colette Kress has been appointed to oversee the company's leadership transition.
Who owns Nvidia? Jensen Huang built the AI giant but holds just 3.58%: Who are the powerful investors with bigger stakes in the chipmaker?
Many people associate Nvidia with Jensen Huang, the co-founder who turned it into an AI powerhouse. But he is not its largest shareholder. BlackRock, Vanguard, State Street and Fidelity hold substantial stakes, while Huang owns just 3.58%. His resignation has brought renewed attention to the investors who own a bigger piece of Nvidia.
The man in the leather jacket is gone, but new risk haunts AI firms
Jensen Huang abruptly resigned as Nvidia CEO after 33 years following reports of extramarital affairs, including one with a suspected Chinese intelligence asset. CFO Colette Kress is interim CEO. Huang’s exit exposes severe "key person risk" and geopolitical vulnerabilities across the AI industry, highlighting the dangers of concentrating sensitive technological knowledge, political influence, and leadership in single founders.
Harvey C Jones net worth, industry experience and ventures: Who is Nvidia’s first-ever board chair?
Harvey C Jones has been appointed as Nvidia’s first-ever board chair after the resignation of co-founder Jensen Huang as president, CEO and board member. Jones has more than three decades of experience in technology, semiconductor companies and venture investments. The company has appointed Colette Kress as interim CEO and is now looking for a new permanent successor to Jensen Huang. Both internal and external candidates are being considered.
US stocks: Nvidia shares plunge 13% after Jensen Huang quits as CEO; Colette Kress named interim chief
Nvidia shares plunged 13% after co-founder Jensen Huang resigned as CEO and board member with immediate effect. CFO Colette Kress was named interim chief executive while the board searches for a permanent successor, with Harvey C. Jones appointed Nvidia’s first independent board chair.
Who is Indian-origin Aarti Shah, who decided Jensen Huang’s fate along with other Nvidia board members?
Jensen Huang has stepped down as the CEO of Nvidia after a long tenure of 33 years. Colette Kress, the chief financial officer, will be acting as the interim CEO during this transition. The board of directors is now involved in the search for Huang's permanent successor. Here's a look at Indian-origin board member Aarti Shah and the other directors involved in the company's leadership transition.
Jensen Huang quits as Nvidia CEO, putting $4 trillion empire in transition
Jensen Huang has resigned as CEO of Nvidia, prompting concerns regarding the company’s future direction. Colette Kress has been appointed as interim CEO while the board searches for a permanent successor. Huang's departure follows controversy related to personal relationships and an investigation into potential foreign intelligence targeting. His hands-on management style has significantly influenced Nvidia's operations over the decades.
Colette Kress for now, but who next? Inside the race to become only the second CEO in Nvidia’s history
As Jensen Huang steps down as Nvidia CEO following two controversies involving his reported relationships with two women, the question is, "who will lead the AI chipmaker next?" Nvidia has named CFO Colette Kress as interim CEO, but who could get the job permanently? From Ian Buck to Rene Haas, several names are now in the succession discussion. Here is the story behind the new race to become only the second CEO in Nvidia’s history.
'Profound' contributions, and not a word about why: What Nvidia's resignation statement leaves out
It was announced that Nvidia's Executive Vice President and Chief Financial Officer, Colette Kress, has been appointed interim CEO. This comes after it was revealed that Jensen engaged in two extramarital affairs. One with an alleged Chinese intelligence operative and another with a subordinate executive. This came after it was reported that Huang had maintained an undisclosed relationship with Kimberly Powell.
Nvidia leadership crisis puts global AI trade under pressure
Uncertainty over Nvidia CEO Jensen Huang’s future has sparked investor concerns about the company’s financial backing of the global AI boom. Reports of alleged personal controversies triggered a share sell-off, while competitors gained. Investors fear leadership changes could disrupt Nvidia’s investment strategy, AI infrastructure funding and broader technology market stability.
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.
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.
Baird downgrades Nvidia on China curbs, AI demand worries
Nvidia's shares closed at $168.9 on Tuesday and are on track for their biggest weekly drop since March 2025, with uncertainty over top leadership weighing on the stock
Baird downgrades Nvidia on China curbs, AI demand worries
Baird downgraded Nvidia's stock and cut its price target significantly due to various market risks. Concerns over US restrictions on chip sales to China have emerged, affecting Nvidia's revenue outlook. Demand for Nvidia's chips is showing signs of softening amid supply constraints and market uncertainties. Additionally, multiple brokerages have removed Nvidia from their top picks due to recent stock declines.
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.
Who could replace Jensen Huang at Nvidia? Affair with Alice Huang and her alleged China spy links raise questions over CEO’s future
Nvidia’s investigation into an alleged foreign intelligence effort involving CEO Jensen Huang has raised fresh questions about the company’s leadership future. With no publicly identified successor and around 60 executives reporting directly to Huang, investors are facing the possibility that the chipmaker may struggle to replace its most influential leader.
Between the chip and the slip: Honeytrap suspicions further sours ties between US and China
Nvidia's CEO Jensen Huang is being investigated for having an alleged affair with a potential Chinese intelligence agent. This individual reportedly sought to gather information about Nvidia's advanced technology. Nvidia's board has launched an independent probe to examine the allegations against Huang. US lawmakers are demanding a briefing on the matter amid heightened concerns over national security.
Apple names Meta veteran Scott Tucker as litigation chief in legal team shake-up
Apple has hired former Meta litigation chief Scott Tucker as vice president of global litigation and financial services, strengthening its legal leadership amid mounting antitrust, patent and other lawsuits. The appointment is part of a broader reorganisation under General Counsel Jennifer Newstead, as the iPhone maker faces legal setbacks threatening its services business.
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.
Tim Cook’s last day as Apple CEO: A 15-year run comes to an end
Cook will move into the role of executive chairman, while Ternus will join Apple’s board the same day. Cook has played a central role in expanding the company’s business and global reach.
Nvidia faces growth test as Rubin debut meets AI financing scrutiny
The chipmaker has been the biggest beneficiary of the race to build AI infrastructure. Recently, though, its stock has come under pressure as the company has pumped billions of dollars back into the AI ecosystem, stoking fears about its role in so-called circular deals that could artificially inflate demand and distort broader economic signals.
Despite DeepSeek rout, BofA Securities maintains a Buy on Nvidia; here's why
BofA Securities analyst Vivek Arya maintained a bullish stance on Nvidia as he predicted sustained growth due to strong demand from major clients like Microsoft and Meta. He projected fourth-quarter revenue of $38.7 billion and adjusted EPS of $0.86.
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