According to NVIDIA, on Thursday, November 12, founder and CEO Jensen Huang resigned from his position and stepped down from the board of directors. Chief Financial Officer Colette Kress will serve as interim CEO. Huang, who co-founded NVIDIA in 1993 and holds approximately 3.6% of the company's shares, led the chipmaker through the AI boom.
Huang's resignation comes days after the company announced an independent investigation into undisclosed matters. Bloomberg Originals released a 45-minute documentary on November 12 featuring Huang discussing AI development, China export restrictions, AI safety, and succession planning.