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[UPDATED] Nvidia ex-CEO Huang summoned to testify before US lawmakers

WASHINGTON: Jensen Huang, who resigned as Nvidia’s chief executive, has been asked to appear before US lawmakers, a Republican senator said on Thursday, adding that the commerce secretary was also summoned.

[UPDATED] Nvidia ex-CEO Huang summoned to testify before US lawmakers

Colette Kress, formerly Nvidia's CFO, has been appointed interim CEO following the sudden departure of co-founder and long-time CEO Jensen Huang. The 59-year-old finance chief is set to lead the company while it searches for a permanent replacement. Kress, known for often challenging Huang's riskier AI investments, brings a pragmatic approach to the role.

She stepped in shortly after Huang stepped down amid a scandal, leaving Nvidia to navigate its first leadership transition without the architect of its rise. While some analysts question whether a finance executive can maintain the technological risk-taking that propelled Nvidia to its current AI chips dominance, Kress's calm demeanor is expected to help stabilize markets and potentially ease future congressional scrutiny regarding chip sales to China.

Her appointment comes as a surprise, but she may be seen as a stabilizing force amid the uncertainty surrounding Nvidia's future direction.

Written by urgent.news from CNA - Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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