Jensen Huang Resigns From Nvidia

Nvidia Newsroom:

Nvidia Board of Directors announced today that Jensen Huang has resigned as President, Chief Executive Officer, and a member of the Board, effective immediately.

Colette Kress, current Executive Vice President and Chief Financial Officer of NVIDIA, has agreed to serve as Interim Chief Executive Officer. Kress will continue to serve as Executive Vice President and Chief Financial Officer while serving as Interim Chief Executive Officer until a permanent successor has been named. The Board is initiating a search for a permanent Chief Executive Officer and will consider internal and external candidates. [...]

“Colette has helped lead NVIDIA through a period of extraordinary growth and has a deep understanding of our business, customers, operations and financial position,” said Harvey Jones, Chair of the NVIDIA Board of Directors. “She is supported by an experienced leadership team that has been instrumental in executing NVIDIA’s strategy and advancing its technology roadmap. The Board has full confidence in Colette and the leadership team, and we expect the company’s operations, customer commitments and product roadmap to continue without interruption.”

This might be wishful thinking. Remember all the predictions that Apple would implode without Steve Jobs? That he was the company? I argued, on the day of his resignation, that Apple was likely to continue to thrive post-Jobs, writing, “Jobs’s greatest creation isn’t any Apple product. It is Apple itself.” He built a great company with a deep bench and a highly distinctive, incredibly strong culture.

I’m not seeing anyone say those things about Nvidia. In fact I’ve only seen the opposite — that Nvidia has a weak board and an executive structure with Huang at the top and 60 direct reports under him. Nvidia sounds like it is the fantasy version of Apple that people imagined when Jobs’s health finally failed.

Nvidia will report its third-quarter fiscal 2027 financial results on Tuesday, November 17, at approximately 1:20 p.m. PT, as previously scheduled, followed by its earnings call at 2 p.m. PT.

They should sell tickets to this one.

★ Thursday, 12 November 2026