For 33 years, it was almost impossible to separate Nvidia from Jensen Huang. The co-founder, always in his leather jacket, turned a company he started with two friends in a Silicon Valley diner into one of the world’s most valuable firms. He drew stadium crowds to watch him unveil the chips that power tools like ChatGPT.His resignation on Thursday leaves the company facing a question it has never had to answer: what does Nvidia look like without him? He stepped down after admitting an affair with a woman US officials believe was working for Chinese intelligence, and after reports of a second relationship with a subordinate.Who takes charge?For now, chief financial officer Colette Kress will serve as interim CEO and keep her finance role. Harvey C. Jones, a former chief executive of chip design software firm Synopsys, becomes the board’s first-ever chair.Kress joined Nvidia in 2013 after nearly 25 years at companies including Cisco and Microsoft, and is often cited as a leading internal candidate. But the company has no known succession plan, and Huang repeatedly avoided naming an heir.“There’s not someone who is sort of prepped and ready to go next in line,” said Carmem Domingues, who was a senior AI adviser in the Biden White House.Martin Peers of tech outlet The Information has said there are “no obvious…
What is next for Nvidia after CEO Jensen Huang resigns?
The AI chip giant has no leader in waiting, may lose its voice in Washington, and has big bets in Europe that its founder championed in person.
In brief
For 33 years, it was almost impossible to separate Nvidia from Jensen Huang. He drew stadium crowds to watch him unveil the chips that power tools like ChatGPT.His resignation on Thursday leaves the company facing a question it has never had to answer: what does Nvidia look like without him? Jones, a former chief executive of chip design software firm Synopsys, becomes the board’s first-ever chair.Kress joined Nvidia in 2013 after nearly 25 years at companies including Cisco and Microsoft, and is often cited as a leading internal candidate.
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