Jensen Huang exits as NVIDIA CEO, leadership vacuum lingers

Business Insider reports that Nvidia is facing a leadership crisis after Jensen Huang's resignation, with an interim CEO in place and no clear successor. The outlet argues the vacuum could create an unusual opening for the company's customers.

Nvidia CEO Jensen Huang has stepped down, with CFO Colette Kress taking over as interim chief executive, NPR reports. The report says she inherits the job at an exceptionally challenging time for the company.

NPR's Michel Martin speaks with NYU professor emeritus and AI writer Gary Marcus about the fallout after Nvidia's CEO resigned amid an alleged spy scandal, and what comes next for the company.

Bloomberg Tech: Europe examines the fallout from the sudden departure of Jensen Huang, the CEO who turned Nvidia into the company at the center of the AI boom. The program looks at how the shockwaves are spreading through Europe's technology ecosystem and what it means for the tech industry, investors, and AI sovereignty in Europe.

According to Forbes, Jensen Huang has stepped down as Nvidia CEO, and rivals such as AMD and Cerebras are moving in on a company that seemed unassailable just days ago. The report suggests the leadership change could reshape competition in the AI chip market.

According to Business Insider, the scandal surrounding Jensen Huang's exit as Nvidia CEO prompted X users to circulate Charlie Munger's famous warning about "ladies, liquor, and leverage." The report frames the reaction as sardonic commentary on Nvidia's corporate governance.

Nvidia fell as much as 14% in early Thursday trading before closing down 4.34% at $166.19, with its forward P/E near 12x — the lowest since 2012 — and shares now more than 30% below their October 6 peak. Retail investors bought a record $111 million in the first half hour, while Bernstein cut its rating and Goldman Sachs lowered its price target.

Chinese financial outlet Eastmoney reports that Jensen Huang has resigned as Nvidia CEO over a personal scandal, while Elon Musk holds about 83.7% of voting power at SpaceX through Class B shares. Huang's voting stake in Nvidia was only 3.6%, and the article attributes the contrast to differences in corporate governance structures.

Following news of Jensen Huang's resignation as Nvidia CEO and board member, internal employee forums saw an overwhelming push for his retention, with over 97% of participating staff voting for his return. Meanwhile, flowers and candles were left outside the company's headquarters in Santa Clara as CFO Colette Kress serves as interim CEO.

According to Phys.org, Nvidia CEO Jensen Huang's unexpected resignation has sent ripples through the global technology industry, prompting rival chipmakers to capitalize on the uncertainty while raising questions about the future momentum of the AI boom.

According to Business Insider, Nvidia's former CEO Jensen Huang has resigned, raising questions for Anthropic's $1.4 trillion IPO, AI chip supply chain, and US-China export controls.

According to Titan Media, following Jensen Huang's departure from NVIDIA, the chip giant's massive future commitments and strategic direction have sparked widespread industry attention.

According to Phys.org, Nvidia CEO Jensen Huang resigned on Thursday following reports regarding personal conduct. His departure marks a dramatic end to his tenure leading a central figure of the AI boom, leaving the chipmaker facing an uncertain future.

According to DEV Community, NVIDIA employees organized a petition demanding the return of Jensen Huang following the board's appointment of CFO Colette Kress as interim CEO. Meanwhile, TSMC confirmed a breach of employee records, and Anthropic reported migrating Claude to AMD hardware within three days.

According to Business Insider, Jensen Huang resigned as CEO of Nvidia on Thursday following a series of reports regarding extramarital affairs, prompting widespread attention across the Chinese internet.

According to OpenSource China, Nvidia announced on November 12 that co-founder Jensen Huang is stepping down as CEO, with CFO Colette Kress taking over as interim CEO. This leadership change comes at a critical investment cycle for the $4 trillion AI computing giant.

According to cnBeta, an internal forum post at Nvidia has gathered over 1,600 comments, with the vast majority of employees calling for the return of former CEO Jensen Huang. Despite his sudden departure amid personal controversies, Huang retains significant backing within the company.

According to Fortune, Nvidia has appointed CFO Colette Kress as interim CEO and established its first board chair following Jensen Huang's departure. Meanwhile, Elon Musk publicly stated that hiring Huang would be 'an honor,' drawing significant attention from the tech industry.

According to East Money, A-share computing hardware stocks dropped sharply on November 13, with CPO and PCB sectors leading the losses. Analysts attribute the downturn to investors assessing the broader market implications of Jensen Huang's departure from Nvidia.

According to reports, NVIDIA announced that its board has approved Jensen Huang's resignation as President, CEO, and Director, with CFO Colette Kress stepping in as interim CEO. This leadership change triggered notable market reactions across tech and hardware sectors.

According to Wall Street CN, prominent investor Duan Yongping responded on Xueqiu to rumors regarding Jensen Huang's resignation, stating he will not sell NVIDIA in the near term and has sold a large volume of put options. He believes short-term business remains unaffected while long-term performance depends on future management.

According to Bloomberg Technology, the departure of Nvidia CEO Jensen Huang has removed the industry's most prominent opponent of US chip controls. This leadership shake-up sets the stage for a potential showdown over new curbs, which could accelerate China's drive for semiconductor self-sufficiency.

According to CNBC, Nvidia's leadership shake-up raises questions for Asian chipmakers regarding future industry dynamics. However, analysts expect the near-term disruption to operations and supply chains to be limited.

According to cnBeta, Nvidia has appointed longtime CFO Colette Kress as interim CEO following Jensen Huang's sudden departure. Sources report that the new interim chief had previously opposed deals pushed by Huang and clashed with family members in management.

NVIDIA announced that co-founder Jensen Huang has stepped down as president, CEO, and board member effective immediately, ending his 33-year tenure. Chief Financial Officer Colette Kress has been appointed as interim CEO during the transition period.

According to The Wall Street Journal, Colette Kress is stepping in to lead NVIDIA following Jensen Huang's departure. The new leadership's previous cautious approach to data center financial commitments has raised uncertainty over the broader AI ecosystem's financing network.

Nvidia updated its management page, placing interim CEO Colette Kress at the top of the executive list and moving Jensen Huang to the founders section, changing his title from founder, president, and CEO to founder.

Nvidia announced that co-founder Jensen Huang is stepping down as CEO and board member after 33 years. CFO Colette Kress will serve as interim CEO, Harvey Jones becomes the first board chairman, and the search for a permanent CEO is underway.

According to The Wall Street Journal, Jensen Huang sharply rebuked then-CFO and current interim CEO Colette Kress during an internal meeting this summer amid growing executive concerns over the AI economy's trajectory.

According to East Money, following the sudden resignation of NVIDIA co-founder Jensen Huang and the subsequent stock slump, Freedom Capital Markets tech research head Paul Meeks urged investors to buy the dip. He noted that NVIDIA's valuation has plummeted to roughly 10 times forward earnings for fiscal 2028, betting that the company's core value remains tied to its products rather than its founder.