🚨💥 JENSEN HUANG IS OUT! NVIDIA JUST LOST ITS 33-YEAR LEADER! 🤯
After 33 years,
Jensen Huang has officially stepped down as NVIDIA's President, CEO and board member, effective immediately 👋
CFO Colette Kress takes over as interim CEO,
while continuing her CFO role as the board searches for a permanent successor, both internally and externally 🔎
Harvey Jones, former Synopsys CEO,
has been appointed NVIDIA's first-ever board Chair.
NVIDIA shares came under heavy selling pressure following the announcement, as investors reassessed the future of the AI chip giant.
Q3 fiscal 2027 earnings are still scheduled for November 17 after the market closes, with interim CEO Colette Kress now expected to lead the earnings discussion.
My take: Caution is warranted.
The man who became the face of NVIDIA's AI revolution is gone, while the board's investigation and reported FBI scrutiny remain serious sources of uncertainty.
What could change my view?
Strong earnings, unchanged guidance, and a convincing roadmap for permanent leadership.
Is NVIDIA bigger than Jensen,
or was Jensen himself the company's greatest competitive advantage? 👇
#stocks #GrowWithSAC $NVDAB $NVDA