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Nvidia CEO Jensen Huang Resigns After 33 Years, Colette Kress Takes Interim Role

· 50-word read

In 50 words

Jensen Huang resigned as Nvidia’s CEO and left its board on November 12, ending 33 years leading the chipmaker he co-founded. CFO Colette Kress took over as interim CEO while retaining her finance role. Days earlier, Nvidia opened an independent inquiry into reports that a foreign intelligence operation targeted Huang.

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Why it matters

Nvidia supplies the chips behind much of the AI boom. The leadership change puts its investment strategy and approach to U.S. chip export restrictions in focus.

What's next

Nvidia will consider internal and external candidates for permanent CEO. Its next earnings call is November 17 in the U.S., early November 18 in Bangkok.

Key dates

  1. November 8 Nvidia announces the independent inquiry.
  2. November 12Huang resigns, Kress takes over as interim CEO, and Harvey C. Jones becomes Nvidia’s first board chair.

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