Nvidia CEO Jensen Huang resigns

Washington, US | CHINA DAILY |  Nvidia said on Thursday that Jensen Huang had resigned as president, chief executive and a member of its board, effective immediately. The company did not give a reason for his departure.

Colette Kress, Nvidia’s executive vice-president and chief financial officer, was named interim CEO. She will retain her other positions while the board searches for a permanent successor, considering internal and external candidates, according to a release posted on Nvidia Newsroom.

The board also appointed technology executive and investor Harvey C. Jones as Nvidia’s first board chair. The company said it expected operations, customer commitments and its product roadmap to continue without interruption.

Nvidia said it would report its fiscal third-quarter results Nov 17 as scheduled.

Jensen Huang founded NVIDIA in 1993 and has served since its inception as president, chief executive officer, and a member of the board of directors.

Since its founding, NVIDIA has pioneered accelerated computing. The company’s invention of the GPU in 1999 sparked the growth of the PC gaming market, redefined computer graphics, and ignited the era of modern AI. NVIDIA is now driving the platform shift of accelerated computing and generative AI, transforming the world’s largest industries and profoundly impacting society.

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