Oh my God, after 33 years, it’s all over in a single night. Jensen Huang has just resigned as NVIDIA CEO, handing over both the president and board member roles, effective immediately.
NVIDIA’s board announced tonight that CFO Colette Kress will serve as interim CEO while it launches a global search, considering both internal and external candidates. The news sent NVIDIA shares down about 10% in premarket trading.
The storm came fast. On November 8, Huang admitted in a letter to employees that he had an extramarital affair. The person involved was alleged by U.S. media to have worked for a Chinese intelligence agency. The board launched an independent investigation that same day, while stressing that “he will continue serving as CEO.” Another affair was later revealed. On the 11th, The Wall Street Journal reported that the board was preparing to replace him, and shares fell more than 8% after hours. Today, the deed is done.
He founded NVIDIA in 1993 and built it from a graphics card company into an AI empire. For years, he was “the face of the AI bull market.” The problem is, NVIDIA has never publicly named a successor—and the crypto market isn’t immune either. On the day the investigation began, $BTC briefly fell to $73,500, its lowest level since August, while roughly $1.1 billion in positions were liquidated across the market. Now BTC and AI stocks are moving almost in lockstep. Tonight’s U.S. market open could be the next test.
Would you still hold NVIDIA without Jensen Huang?
⚠️ Not investment advice · DYOR
#黄仁勋 #英伟达 #NVDA #比特币 $NVDA
NVIDIA’s board announced tonight that CFO Colette Kress will serve as interim CEO while it launches a global search, considering both internal and external candidates. The news sent NVIDIA shares down about 10% in premarket trading.
The storm came fast. On November 8, Huang admitted in a letter to employees that he had an extramarital affair. The person involved was alleged by U.S. media to have worked for a Chinese intelligence agency. The board launched an independent investigation that same day, while stressing that “he will continue serving as CEO.” Another affair was later revealed. On the 11th, The Wall Street Journal reported that the board was preparing to replace him, and shares fell more than 8% after hours. Today, the deed is done.
He founded NVIDIA in 1993 and built it from a graphics card company into an AI empire. For years, he was “the face of the AI bull market.” The problem is, NVIDIA has never publicly named a successor—and the crypto market isn’t immune either. On the day the investigation began, $BTC briefly fell to $73,500, its lowest level since August, while roughly $1.1 billion in positions were liquidated across the market. Now BTC and AI stocks are moving almost in lockstep. Tonight’s U.S. market open could be the next test.
Would you still hold NVIDIA without Jensen Huang?
⚠️ Not investment advice · DYOR
#黄仁勋 #英伟达 #NVDA #比特币 $NVDA
