Jensen Huang has resigned as Nvidia's chief executive and as a member of its board, effective immediately. Chief Financial Officer Colette Kress will take over as interim CEO.
Why it matters
The leadership change puts Kress in charge of a major supplier of chips used to build and operate artificial intelligence systems. Huang's departure also removes him from Nvidia's board.
Market impact
Nvidia is a prominent company in the semiconductor and AI infrastructure markets, making its leadership transition relevant to investors across both sectors.
Frequently asked questions
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Who is taking over as Nvidia's interim CEO?
Colette Kress, Nvidia's chief financial officer, is taking over as interim CEO.
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When does Jensen Huang's resignation take effect?
His resignation as CEO and board member is effective immediately.
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Does Huang remain on Nvidia's board?
No. Huang has resigned from both the CEO role and the board.
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What role did Colette Kress hold before becoming interim CEO?
Kress was Nvidia's chief financial officer.
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Why does Nvidia's leadership change matter to AI infrastructure investors?
Nvidia is a major supplier of chips used to build and operate artificial intelligence systems.
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