According to BlockBeats, Nvidia founder Jensen Huang publicly criticized interim CEO Colette Kress at a core finance executive meeting in summer, questioning her strategic decision-making abilities. An insider revealed that Huang interrupted Kress during her presentation, describing her as "a deer in headlights" and stating she was merely "a CFO who just manages accounting," unable to help him formulate strategy and make critical decisions.
The meeting reflected Nvidia's internal concerns about its aggressive AI financing guarantees strategy. Nvidia had been providing billions of dollars in financing guarantees to emerging cloud service providers and data center developers to secure long-term chip customers, with some deals led by Huang's son-in-law Nico Caprez. The strategy exposed disagreements between Huang and Kress on strategic direction.