Massive shakeup out of Nvidia—co-founder and longtime CEO Jensen Huang has officially resigned effective immediately following the affair scandal, with CFO Colette Kress stepping in as interim CEO just days ahead of Q3 earnings on November 17. NVDA stock took an immediate hit on the news, dropping up to 13–14% intraday before stabilizing lower.
End of an era. Jensen Huang just resigned as Nvidia CEO effective immediately, with CFO Colette Kress stepping in as interim. Stock dropped over 10% on the open right ahead of earnings next week. Massive leadership vacuum at the center of the AI trade.
$NVDAB
End of an era. Jensen Huang just resigned as Nvidia CEO effective immediately, with CFO Colette Kress stepping in as interim. Stock dropped over 10% on the open right ahead of earnings next week. Massive leadership vacuum at the center of the AI trade.
$NVDAB