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Who will replace Jensen Huang? Here's our early thoughts on the search for Nvidia's next CEO

CNBC ·

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

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Jensen Huang has stepped down as Nvidia CEO, with Colette Kress named interim CEO. His departure followed reports of a romantic relationship with businesswoman Alice Huang, whom US authorities suspect of spying for China; CNN reported that US officials disagree on whether intelligence collected so far proves it. Senate Banking Committee Chairman Tim Scott has asked Huang and Commerce Secretary Howard Lutnick to testify.

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First reported by Hacker News at · 20 outlets in all

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  1. Financial Times(subscription required)The downfall of Jensen HuangAfter 33 years building Nvidia into the world’s most valuable company, its founder’s career disintegrated in less than two weeks
  2. Fortune(subscription required)Nvidia’s next CEO: The outside contenders to succeed Jensen HuangRene Haas, Lisa Su and Tim Cook are among the names floated as Nvidia faces a defining choice between technical leadership and seasoned management.
  3. The Hill5 takeaways from Nvidia’s Jensen Huang scandalCorporate America is in the midst of its most dramatic scandal in years. Jensen Huang, the CEO and co-founder of Nvidia, resigned Thursday after admitting to one extramarital affair, with a woman suspected of being a Chinese agent, and amid new reporting of a second affair, this time with an Nvidia colleague. The vast company…
  4. PBS NewsHourWhat we know after Jensen Huang's resignation as Nvidia's CEONvidia announced Huang's resignation on Thursday, effective immediately. The California-based company said that Colette Kress — who has been Nvidia's chief financial officer and executive vice president since 2013 — will step into the role of interim CEO.
  5. Wired(subscription required)Jensen Huang Is Out. Will Nvidia’s Rivals Cash In?In a special episode of “Uncanny Valley,” we break down Jensen Huang’s resignation from Nvidia, what comes next for the company, and where the AI industry goes from here.
  6. MashableWho could replace Jensen Huang at Nvidia long-term? Here are the top contenders.Who will replace Jensen Huang as Nvidia's next long-term CEO? Let's look at the top potential choices.
  7. ABC NewsTimeline of the stunning fall of Nvidia CEO Jensen HuangWhile the depths of the scandal have yet to be disclosed, here is a timeline indicating who knew what and when about Jensen Huang's affair with an alleged Chinese spy.
  8. CNBCWho will replace Jensen Huang? Here's our early thoughts on the search for Nvidia's next CEOEvery weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
  9. APWhat we know after Jensen Huang resigns as Nvidia CEO
  10. NY PostNvidia scrambles to replace CEO Jensen Huang after bombshell affair — here are the possible successorsInvestors are fearful that Huang – who founded the company 33 years ago – is a nearly irreplaceable boss.
  11. Harvard Business Review(subscription required)Jensen Huang Has Resigned. How Will Nvidia Replace Him?Six HBR articles on what to do after a powerful founder steps down.
  12. GizmodoTrump Wants Tim Apple to Replace Jensen Huang as Nvidia CEO"A Legend replaces a Legend!" Trump wrote on Truth Social.
  13. The VergeNvidia CEO Jensen Huang has resigned. What happens next?After the leather-jacketed CEO, president, and co-founder of Nvidia, Jensen Huang, acknowledged an affair with Megaspeed exec Alice Huang, his company initially announced an investigation. However, The New York Times reported on Wednesday that there was evidence of another affair, this time with an Nvidia executive who reported directly to him. A board meeting that
  14. CryptoPotatoBREAKING News: Jensen Huang Resigns as Nvidia CEO (Report)The reported resignation comes after claims that he had another affair with a women working at the company.
  15. EngadgetJensen Huang is out as NVIDIA CEOHe has held the position since the company's founding in 1993, but has recently been embroiled in an international scandal.
  16. ForbesJensen Huang Out At Nvidia After Affair ScandalsThe news comes after Nvidia shares plummeted more than 11% this week.
  17. Hacker NewsJensen Huang resigns as Nvidia CEO immediately
  18. New York Times(subscription required)Nvidia Stock Tumbles After Jensen Huang Resigns as CEONews that the chipmaker’s chief executive, Jensen Huang, resigned drove Nvidia’s stock down, though the broader market rose slightly.
  19. TimeWhat Comes Next for NVIDIA"NVIDIA's board had three choices when it comes to Huang’s future: remove him, force him to take a leave of absence, or let him off the hook," write Jeffrey Sonnenfeld, Steven Tian, and Stephen Henriques.
  20. Ars TechnicaNvidia CEO Jensen Huang has resignedNvidia CEO also had an affair with a senior executive at the firm.