Jensen Huang Said to Resign as Nvidia CEO, Board Member
Nvidia CFO Colette Kress would serve as interim CEO while the board seeks a permanent replacement, per the report.
Jensen Huang has resigned as chief executive officer and board member of Nvidia, according to a report by Cointelegraph, a development that would mark the end of a decades-long tenure at the semiconductor giant he co-founded.
Colette Kress, who currently serves as Nvidia's chief financial officer, would remain in that role while simultaneously taking on the position of interim CEO as the company's board of directors conducts a search for a permanent successor, according to the report.
Read more Smaller L1 Blockchains Migrate to Ethereum as Solo Costs Rise →
Huang has led Nvidia since co-founding the company in 1993, overseeing its transformation from a graphics chip maker into one of the world's most valuable companies, driven largely by surging demand for its artificial intelligence accelerator chips.
The report offers no additional detail on the circumstances surrounding the departure or a timeline for the succession process. Nvidia has not issued an official statement confirming the development as of publication.
Continue reading at Cointelegraph.
