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November 12, 2026 / 1:26 PM EST / CBS News

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Jensen Huang's abrupt resignation on Thursday as Nvidia's CEO leaves the chipmaker searching for a successor who can replace an executive synonymous with the artificial intelligence boom and who is credited with transforming the company into a $4 trillion behemoth.

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The board's announcement of Huang's departure said that Colette Kress, the company's chief financial officer, will serve as interim CEO until it selects a permanent replacement. The board "will consider internal and external candidates," the statement said.

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Jensen, 63, had led Nvidia since co-founding the business more than three decades ago, but stepped down following reports of his relationship with a woman suspected to be a Chinese spy. The CEO had more than 60 direct reports, giving him extraordinary control over the company's decisions.

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His resignation leaves a major leadership vacuum for a company that's responsible for supplying nearly the entire market share of chips needed to power frontier artificial intelligence models.

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"The trouble is, I don't know that you can find anyone within Nvidia that has the sort of purview that Jensen has," Patrick Magee, a contributing writer for the Free Press and author of the book "Apple in…

Original source: https://www.cbsnews.com/entertainment/

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