Jensen Huang is out at Nvidia — Colette Kress takes over as interim CEO
13 November 2026 · filed under 1447c52b300c
Nvidia confirmed on November 12 that Jensen Huang, the company’s longtime chief executive, is out, with chief financial officer Colette Kress stepping in as interim CEO. TechCrunch reported the departure follows an unspecified scandal involving Huang, though details of the matter were not laid out in the report.
Kress has served as Nvidia’s CFO and has been a visible figure in the company’s investor communications during its rise as the dominant supplier of AI computing hardware. Her appointment as interim chief places the company’s financial leadership directly in charge of operations during the transition, though TechCrunch’s reporting did not specify a timeline for a permanent successor or describe the board’s stated rationale beyond confirming the change in leadership.
Huang had led Nvidia since its founding and was widely regarded as the most influential executive in AI hardware, a position built on the company’s chips becoming foundational infrastructure for machine learning development worldwide. His sudden exit removes that figure from the top of the industry’s supply chain at a moment when Nvidia’s decisions on chip allocation, export compliance, and partnerships carry outsized weight across the sector.
The report did not include further comment from Nvidia, Huang, or Kress beyond confirmation of the leadership change, and TechCrunch indicated additional detail on the circumstances was still emerging at time of publication.