Jensen Huang resigns as Nvidia CEO; CFO Colette Kress named interim leader

Nvidia CEO Jensen Huang resigned abruptly on Thursday, leaving the chipmaker without the executive who led it since co-founding it more than three decades ago. The board said Colette Kress, its chief financial officer, will serve as interim CEO and will consider internal and external candidates for the permanent job. Huang, 63, stepped down after reports of his relationship with a woman suspected to be a Chinese spy; he had more than 60 direct reports. Nvidia, now a $4 trillion company, supplies nearly the entire market share of chips needed to power frontier artificial intelligence models. The board is expected to take its time choosing a successor. On Friday, the Financial Times reported that the board had approached Arm CEO Rene Haas.

Left-leaning CBS News led with the succession question, quoting Patrick Magee of the Free Press, who said few people inside Nvidia have Huang's purview and that the company was set up for him to run for 20 years. CBS framed the relationship as reported and used the word relationship. Right-leaning Washington Times led instead with market risk, reporting analysts' warnings that the resignation pushes the AI bubble closer to bursting within a year, and it used the word affair. Alternative Reuters, citing the Financial Times, focused only on the reported approach to Arm's Haas, and its excerpt includes no analyst commentary. The sides agree on Huang's exit, Kress as interim CEO and the search, but differ in emphasis: CBS on leadership, the Washington Times on investor risk, Reuters on a specific candidate.