Who is interim Nvidia CEO Colette Kress?
- Nvidia CEO Jensen Huang resigned on Thursday after his board confirmed CFO Colette Kress will serve as interim CEO while searching for a permanent replacement.
- The resignation follows reports of two extramarital affairs, one with Nvidia executive Kimberly Powell, vice president of health care at Nvidia, and another with a customer executive whom intelligence agencies allegedly linked to Chinese espionage.
- Nvidia reported $96.2 billion in revenue last quarter, up 106% year-over-year, with guidance set at $108 billion for the quarter ended in October. Shares fell about 7% to around $161 after dipping below $149 at the open on Thursday.
- Federal scrutiny remains regarding whether Nvidia chips reached China through a Singapore-based customer. Stephanie Balaouras, VP, group research director at Forrester, said this transition will serve as a "stress test for the AI boom."
- Companies relying on Nvidia should expect few immediate changes, though experts suggest the departure prompts reassessment of concentration risk. CIOs may increasingly seek vendor diversification to mitigate future dependency on a single supplier.
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294 Articles
Nvidia sank on Wall Street: the titles of the microchip giant for the AI expand the losses up to -4,60% after the release of Ceo Jensen Huang, slipping to $ 158,54. (ANSA). (ANSA)
CFO Colette Kress to serve as interim leader after Nvidia CEO Jensen Huang resignation - WSVN 7News | Miami News, Weather, Sports
New York (CNN) — Jensen Huang, the founder who propelled Nvidia to become one of the world’s most valuable companies, has resigned from his role...
She has made a meteoric career and become a billionaire on Nvidia's success. Now Colette Kress, 59, will take over the AI giant from Jensen Huang. But their relationship has been far from uncomplicated.
New York, 13 Nov (EFE).- Nvidia, a great protagonist of the rise of artificial intelligence (IA) and one of the stock exchange giants of the United States, faces a new stage without its co-founder and maximum responsible for 33 years, Jensen Huang, amid the growing doubts about the profitability of the huge investments in this technology. [...] The Nvidia entrance faces a new stage after the resignation of its co-founder and among doubts about t…
Interim CEO Colette Kress is described as pale, which can be a great strength in the heated mood. To underestimate Kress would be a mistake anyway.
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