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Nvidia is Preparing to Oust CEO Jensen Huang (Update: Jesen Huang resings)

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John Elden Ring

John Elden Ring

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November 12, 2026
  • Jensen Huang Resigns
  • Colette Kress, Executive Vice President and Chief Financial Officer, Appointed Interim CEO
  • Harvey C. Jones Appointed First-Ever Chair of the Board
NVIDIA (NASDAQ: NVDA) 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.

Kress has served as Executive Vice President and Chief Financial Officer of NVIDIA since joining the company in September 2013. During her tenure, she has led the company's finance organization and has played a key role in NVIDIA's growth and evolution. Prior to joining NVIDIA, Kress spent nearly 25 years in finance roles at leading technology companies, including Cisco and Microsoft.

The Board of Directors appointed Harvey C. Jones as its first-ever Chair of the Board. Mr. Jones has been an entrepreneur, technology executive, and active venture investor for over 30 years, including serving as Chief Executive Officer and Executive Chairman of Synopsys.

"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."

"NVIDIA's strength has always come from its people, and together with our leadership team, I am committed to building on the extraordinary foundation Jensen created over the last 33 years," said Colette Kress, Interim CEO and CFO, NVIDIA. "We will continue advancing the work that has made NVIDIA a leader in accelerated computing and AI, and execute on the opportunities ahead. Our focus remains on serving our customers, partners, developers and shareholders."

Jensen's contributions to NVIDIA are profound. NVIDIA is one of the most consequential technology companies in the world. The Board and the company thank Jensen for his immeasurable contributions to the company and the industry.

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.
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Interesting. I wonder if this is a Larry Ellison takeover type situation. Huang didn't seem to want to get on board with the anti-China foreign policy agenda of the DC blob and the Andreesen Horowitzes of the world.
 
Hate to see it. But certainly understand it. This scandal is big and it would result in the same outcome of firing the CEO at any other big company.

I mean, out of all the tech CEOs, I actually am fond of Jensen and what he's done over his career. It's a pretty amazing story, and intrinsically linked with the gaming industry as its origins.

Too bad the fame got to his head.
 
Boswollox said:
Imagine fawning over a CEO, especially one that has forced hardware prices through the roof.

Get him out.
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Whoever's going to replace him is only going to make things worse. Gaming revenue is a side project hobby for them at this point, something his replacement might not care too much about.
 
Sounds as awful news for both Nvidia and PC gaming.

The CFO won't give a fuck about gaming and will go all in to bet in what makes them more money: AI and datacenters. So very likely their next (non-interim) CEO and strategy will slowly leave behind home PC hardware for gaming and will transition to focus only on AI and datacenter hardware.
 
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People all over showing just how much ignorance is allowed to roam free online. This isn’t capitalism losing, this isn’t the AI bubble popping, this isn’t Nvidia going back to gaming and people getting their jobs back and HW prices going down. A bunch of fools.

This is the U.S government taking control of one of their most prized assets. Some people really are a special kind of stupid. This isn’t Elon Musk selling you a flying car here, this guy isn’t the reason why Nvidia is where it’s at.

In fact it might be even worse moving forward, and gaming might be even more fucked if the new CEO doesnt give a fuck about gaming. What happens to Nintendo? PC gaming?

People throwing a party over this as if they defeated capitalism or something what the fuck is wrong these morons.
 
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