Nvidia’s Huang ousted by board in move that roils AI economy
Longtime CFO Colette Kress is taking the job of interim CEO, Nvidia said, and Huang will no longer have ties with the chipmaker.
Nvidia's CEO, Jensen Huang, has been removed from his position by the company's board following revelations of three affairs, one involving a woman allegedly spying for China. Colette Kress, Nvidia's CFO for many years, has been appointed as the interim CEO, and Huang will no longer be associated with the company. In a historic move, the board appointed Harvey Jones, who is 73 years old and previously led Synopsys, a company in which Nvidia had invested $2 billion.
This sudden change in leadership comes at a time when Nvidia, a key player in the AI infrastructure boom, has struggled with a lack of a clear succession plan. As the sole CEO for the past three decades, Huang had effectively managed every aspect of the business while also serving as an advocate for the AI industry.
Written by urgent.news from Japan Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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