Jensen Huang is stepping down as CEO of Nvidia

Nvidia has officially announced the departure of Jensen Huang from his roles as president, CEO, and member of the board of directors. The company's founder, who led it for decades, is stepping down during a period of peak demand for graphics accelerators used in training neural networks.

Colette Kress, who has served as the corporation's executive vice president and CFO, has been appointed as interim CEO. The board of directors has already begun the search for a permanent successor, considering both internal candidates and specialists from other technology companies.

Jensen Huang had served as CEO since the company's founding in 1993. Under his leadership, Nvidia transformed from a manufacturer of gaming graphics cards into the dominant provider of infrastructure for the AI industry, reaching a market capitalization of several trillion dollars.

The leadership change comes against the backdrop of a global restructuring of supply chains and intensifying competition in the specialized chip market. For investors and partners, this marks the beginning of a period of uncertainty regarding the future strategy for hardware platform development and engagement with major cloud providers.