Nvidia said Jensen Huang has resigned as president, CEO, and a board member, effective immediately. CFO Colette Kress will serve as interim CEO while the board searches for a permanent successor.

Kress will remain CFO, and the board said it will consider internal and external candidates. Nvidia also appointed Harvey C. Jones as its first board chair.

The company said it will report its third-quarter fiscal 2027 results on November 17, as previously scheduled.

Analysts are weighing in on Nvidia’s outlook. Separately, one analyst argued Nvidia would be worth nearly 30% less without Huang as CEO. That is a valuation opinion, not a reported stock-price decline.

Huang and his wife jointly control an Nvidia-linked fortune, suggesting they may retain economic ties to the company after his departure.

🔗 Source: Nvidia

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