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NVIDIA CEO Jensen Huang resigns; CFO Colette Kress named interim CEO, board appoints first chair.

Market News
12 Nov 2026, 15:48 WIB
GlobeNewsWire
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NVIDIA CEO Jensen Huang resigns; CFO Colette Kress named interim CEO, board appoints first chair.

NVIDIA announced that Jensen Huang has resigned as CEO and board member effective immediately. Colette Kress, the current CFO and Executive Vice President, will serve as interim CEO while the company searches for a permanent replacement. The board also appointed Harvey C. Jones as its first-ever Chair. This leadership change comes as NVIDIA continues to focus on growth in AI and accelerated computing, with confidence expressed in Kress and the existing leadership team to maintain operational stability and strategic progress.

NVIDIA shares on Pluang dropped sharply by 10.57% to USD 155.36 as of Nov 12, 2026 21:02 WIB, reflecting significant market reaction to the CEO transition news. Despite the leadership change, the stock maintains a high market cap of $4.20 trillion and strong investor interest, with 69% of order activity on Pluang being buys. The typical hold time for NVDA on Pluang is 118 days, indicating a relatively long-term investor base.

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