Big news from NVIDIA: longtime CEO and co-founder Jensen Huang has resigned, and the company is now looking for someone new to lead.
For now, CFO Colette Kress is stepping in as interim CEO.
The board is weighing both familiar faces, like Kress herself and a senior engineering executive who joined the company in 2004 and helped develop CUDA (Compute Unified Device Architecture), and outside stars such as Arm chief executive Rene Haas, who is also a former NVIDIA executive, and AMD chief Lisa Su.
Board probes allegations against Jensen Huang
Huang leaves after 33 years at NVIDIA, but his exit comes with some controversy: there are allegations of personal misconduct and foreign intelligence interest, which the board is investigating independently.
Whoever takes over will have a lot on their plate: US chip export restrictions to China are making things tricky, plus there is tough competition brewing from AMD in AI technology.