Nvidia CEO Jensen Huang is stepping down, leaving the AI industry without its biggest champion and clouding the future of the chipmaker he built into an AI powerhouse.
Chief Financial Officer Colette Kress will take over as interim CEO as Nvidia looks for a permanent successor, the company said on Thursday.
It named former Synopsys CEO and board member Harvey Jones as its first-ever board chairman.
Huang, who co-founded Nvidia and is its fourth-largest investor with a stake of about 3.61%, will not remain on the board.
Meanwhile, US House Speaker Mike Johnson said on Thursday there was a growing consensus in Congress on limiting exports of semiconductor chips to China after a scandal forced out Huang.
“The export controls on chips to China has been a big issue around here. I’m in favor of limiting those exports, and I think there’s a developing consensus in Congress that is an important position to take. Especially in the light of recent developments, it makes sense,” Johnson told reporters.
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