🚨 JENSEN HUANG HAS RESIGNED AS $NVDA CEO, EFFECTIVE IMMEDIATELY 🤯
After 33 years, he's out as President, CEO and board member 👋
CFO Colette Kress steps in as interim CEO and stays CFO while the board searches inside and outside for a permanent pick 🔎
Harvey Jones, former Synopsys CEO, becomes NVIDIA's first ever Chair 🪑
The stock is down 10.5% premarket at 155.43 vs yesterday's 173.73 close 📉
Earnings still land Nov 17 after the close, now with an interim CEO on the call 📅
My take: cautious, because the founder who sold the AI story is gone and the board still has an open investigation and an FBI probe hanging over it. What changes my mind is a strong Nov 17 report with guidance intact and a clear plan for the permanent CEO
Is NVIDIA bigger than Jensen, or was Jensen the moat? 👇
#stocks
After 33 years, he's out as President, CEO and board member 👋
CFO Colette Kress steps in as interim CEO and stays CFO while the board searches inside and outside for a permanent pick 🔎
Harvey Jones, former Synopsys CEO, becomes NVIDIA's first ever Chair 🪑
The stock is down 10.5% premarket at 155.43 vs yesterday's 173.73 close 📉
Earnings still land Nov 17 after the close, now with an interim CEO on the call 📅
My take: cautious, because the founder who sold the AI story is gone and the board still has an open investigation and an FBI probe hanging over it. What changes my mind is a strong Nov 17 report with guidance intact and a clear plan for the permanent CEO
Is NVIDIA bigger than Jensen, or was Jensen the moat? 👇
#stocks
