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Jensen Huang resigns as Nvidia CEO, exits board; shares plunge

Jensen Huang has resigned as Nvidia’s chief executive officer and left the company’s board, sending the chipmaker’s shares sharply lower. Colette Kress will remain Nvidia’s chief financial officer while serving as interim CEO as the board searches for a permanent successor.

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AI take

The departure of a founder-era CEO is a governance shock, not a routine succession, and the sharp share reaction reflects how much of Nvidia's story has been bound up with one person's leadership. The immediate burden falls on Colette Kress, who now holds both the CFO and interim CEO roles during a search — a dual mandate that concentrates responsibility at a moment when the board's process and its eventual choice will be read as signals about strategic continuity. Whether the interim arrangement steadies the company or the search itself becomes the market's focus is the open question.

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