The chipmaker appointed longtime executive Colette Kress as interim chief executive and introduced Harvey Jones as its first-ever board chair to steady leadership. Jensen Huang had continuously steered Nvidia since founding it in 1993, but analysts now project the company could shed 25 to 30 percent of its market valuation. His exit mirrors broader industry anxieties, illustrated by Tesla retaining Elon Musk despite controversial politics and a 13 percent drop in vehicle deliveries during 2025's first quarter.
Key points
Analysts project Nvidia could shed between 25 and 30 percent of its market value without…: Analysts project Nvidia could shed between 25 and 30 percent of its market value without Jensen Huang leading the company.
Successor executives historically struggle to match the long-term corporate performance a…: Successor executives historically struggle to match the long-term corporate performance achieved by original technology company founders.
Board members at rival firms like Tesla have historically tolerated executive controversi…: Board members at rival firms like Tesla have historically tolerated executive controversies to avoid the steep costs of removing prominent founder figures.
Sources checked by our analysis pipeline: 1
Nvidia could lose 30 percent of its value following cofounder Jensen Huang’s decision to step down, analysts warns.
In the wake of Jensen Huang’s resignation as CEO of the artificial intelligence giant Nvidia, the company has brought in a new interim chief, Colette Kress, who has been with the company since 2013.
Along with Kress, the AI bellwether appointed its first-ever board chair, Harvey Jones, a venture investor with three decades of tech industry experience.
Recommended Stories
list of 3 items- list 1 of 3Why did Nvidia CEO Jensen Huang resign, and who is Colette Kress?
- list 2 of 3Nvidia scandal: What’s next for the US tech company?
- list 3 of 3Microsoft says affected services fully recovered following worldwide outage
The changes mark a major overhaul of Nvidia’s corporate structure and leadership, which Huang has dominated since cofounding the AI chipmaker in 1993. A powerful figure in Silicon Valley, he stepped down on Thursday following reports of his affairs with a suspected Chinese intelligence operative and two employees that have drawn scrutiny from United States lawmakers, the company’s…
Federal officials intervened after parent firm Cleveland-Cliffs attempted to cut staff despite binding acquisition terms that protect domestic employment through 2029. The retreat averts a severe legal battle over foreign ownership compliance while shielding unionized steel operations from cross-border trade friction.
Manufacturers cite mounting violence and an absence of security guarantees as demonstrations over compensation escalate across key industrial hubs. An operational halt threatens severe disruption to the country's economic backbone during the critical pre-Christmas shipping rush. Employers have warned they will invoke labour laws permitting indefinite closures without pay unless unrest subsides.
High-profile industry leaders are emphasizing how integral executive leadership remains to securing major semiconductor agreements. The observation highlights how key partnerships and future business pipelines at the chipmaker may depend heavily on personal executive relationships. Without such leadership steering these high-stakes negotiations, the company risks forfeiting vital commercial opportunities.