Nvidia co-founder Jensen Huang steps down as CEO
Colette Kress will serve as interim chief executive following a board meeting regarding Huang's future.
Nvidia co-founder Jensen Huang has resigned as chief executive officer, according to a Financial Express report. The departure ends a 32-year tenure at the company he helped build into a global AI chipmaker.
Colette Kress, the current Executive Vice President and Chief Financial Officer (CFO) of NVIDIA, has agreed to serve as Interim CEO. Kress will maintain her role as CFO while leading the company until a permanent successor is appointed.
The company stated that its board is beginning a search for a permanent chief executive and will look at both internal and external candidates. This decision follows a board meeting held to discuss Huang's future.
The leadership change comes after the board initiated an independent investigation on November 8, 2026. The probe concerns reports that Huang may have been the target of a foreign intelligence operation involving Alice Huang, an executive linked to Megaspeed, a customer of Nvidia based in Singapore.
Kress said the company remains committed to building on the foundation created by Huang. She added that the focus of the leadership team remains on serving customers, partners, developers, and shareholders while advancing work in accelerated computing and AI.