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Nvidia without Jensen Huang: How will business continue?
- Emphasizes continuity
- Rapid changes
- Nvidia's system advantage
- Many competitors
- China risk
The affair involving the now former Nvidia CEO Jensen Huang is far from over. With the appointment of the previous CFO Colette Kress as interim CEO, the Nvidia Board of Directors is trying to steer the company into calmer waters. At the same time, the board appointed its former member Harvey C. Jones as its Chair (Chairperson). Previously, the board of directors had operated without a Chair, but Jensen Huang had also been a member of the board as a co-founder of Nvidia. He also resigned on November 12th.
In just a few days, on November 17th, 2026, the announcement of the results of the third fiscal quarter of 2027 will be made; the Nvidia fiscal year runs from February to January, so it is not calendar-based. Colette Kress will therefore probably have to work through the weekend to find the right words for the upcoming Tuesday after the New York stock market closes.
emphasizes continuity
(Image: Nvidia)
The announcement of Colette Kress as the new CEO was rewarded by the stock market with a price increase of more than 8 percent. However, the Nvidia stock lost all gains since July 2025 due to the Huang affair. Although many AI stocks lost value after the US midterm elections on November 3rd, many recovered again from November 10th onwards.
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