Nvidia shares fell about 14% intraday after Jensen Huang stepped down. Interim CEO Kress must handle a 60-person direct reporting structure, defend CUDA against ROCm and open-source frameworks, and deliver on $279bn in supply and capacity commitments.
Nvidia faces three questions after Jensen Huang's departure, including a $279bn pledge
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The story so far: Nvidia CEO Jensen Huang infidelity fallout
Jensen Huang admitted infidelity and resigned as Nvidia president, CEO and board member, with CFO Colette Kress named interim CEO. Nvidia's board is working with an outside firm on a possible successor, and has now approached Arm CEO Rene Haas about the role, though contacts may not be formal negotiations.
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Nvidia faces three questions after Jensen Huang's departure, including a $279bn pledge
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