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via digitimes.comBusiness & Companies

Jensen Huang resigns as Nvidia CEO; CFO Colette Kress named interim chief

FROM THE WIRE · DIGITIMES.COM

Nvidia co-founder Jensen Huang resigned as president, CEO and board member on November 12, effective immediately, the company's board said. He had led the company for 33 years, since its founding.

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishThe departure of a mega-cap's founder and CEO can weigh on the stock and the semiconductor sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Jensen Huang resigned as president, CEO and board member on November 12, effective immediately.
  2. 02The company's board announced the decision.
  3. 03Huang had led the company for 33 years, since its founding.
  4. 04CFO Colette Kress has been named interim chief executive.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
NVIDIA CorporationNVDAStock159.97 USD-7.92%today -7.92%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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