Major breaking news! NVIDIA officially announces Jensen Huang’s resignation, bringing an end to 33 years of leadership!

On November 12, 2026, NVIDIA, the global leader in AI chips, officially announced a major change in its executive leadership.

Company co-founder Jensen Huang has resigned as president, CEO, and member of the board of directors, effective immediately.

Three major leadership changes:

1. Jensen Huang has officially stepped down as CEO, president, and director.
2. CFO Colette Kress will serve as interim CEO while continuing as CFO.
3. Harvey C. Jones has become chairman of the board.

The board has begun a formal CEO search process and will consider both internal and external candidates.

Since co-founding NVIDIA in 1993, Jensen Huang has led the company from the gaming graphics card market to becoming a key global supplier of AI computing infrastructure.

Now, this AI chip leader is officially entering a new era of leadership.

For investors, there are three key things to watch next.

First, whether the new CEO will continue Huang’s strategy focused on AI chips and data center growth.

Second, whether product roadmaps for Blackwell, Rubin, and other products, as well as partnerships with major cloud customers, will be affected.

Third, NVIDIA’s upcoming quarterly earnings report and what the new management team says about the company’s future business.

The NVIDIA board said it expects the company’s operations, customer commitments, and product roadmaps to continue without interruption.

Earnings date: November 17 (U.S. Pacific Time).

Jensen Huang’s departure from the CEO role marks a leadership transition at one of the most important technology companies in the global AI industry.

The choice of his successor and the company’s strategy will be the market’s focus going forward.