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Jensen Huang didn't show confidence in his successor, report says
TechCrunch • • business
Key Points:
- Former NVIDIA CEO Jensen Huang reportedly described interim CEO and CFO Collette Kress as “a deer in the headlights” during a summer presentation, according to the Wall Street Journal citing an anonymous source.
- Huang allegedly expressed that Kress was unable to assist him with steering company strategy or decision-making during a meeting about billions in guarantees to data center operators.
- Kress, with over 13 years at NVIDIA and prior experience at Cisco, has questioned the company’s credit-based deals and scaled back commitments, including reducing NVIDIA’s credit offer to OpenAI’s Ohio data center project from $250 billion to $105 billion.
- Huang resigned following reports of two extramarital affairs, including one with NVIDIA’s VP for healthcare, Kimberly Powell, amid an ongoing investigation into a possible Chinese espionage plot targeting the company.
