Jensen Huang resigns as Nvidia CEO, with Colette Kress named interim chief
Jensen Huang has resigned as chief executive of Nvidia, one of the world’s most prominent technology companies, according to the company’s board. Colette Kress, Nvidia’s chief financial officer, has been appointed interim chief executive, placing her in charge while the company moves into its next phase.
The announcement immediately unsettled investors. Nvidia’s shares fell by more than 13% when US markets opened, showing the scale of the market’s reaction to Huang’s departure. The stock later recovered some of that loss, but the sharp initial decline underlined how closely Huang’s leadership is associated with the company and its fortunes.
Huang has been a defining figure in Nvidia’s rise and in the wider expansion of artificial intelligence. His resignation therefore raises questions about how the company will be led without him, how investors will assess its prospects, and what the change means for a business whose importance has grown alongside the AI boom. BBC North America correspondent Samira Hussain reports from Wall Street on the implications for Nvidia and what may come next.
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