Jensen Huang resigns as Nvidia CEO; CFO Colette Kress takes over as stock plunges 13%

GaryMarcus · x · 2026-11-12

Gary Marcus analyzes Jensen Huang's resignation as Nvidia CEO: the board reportedly forced him out, CFO Colette Kress becomes interim CEO, and the stock crashed 13% at open after falling 8% premarket. Marcus credits Huang's historic gaming-to-AI pivot but faults his hype, circular financing, and conflicts of interest that left Nvidia exposed to litigation and investigations — warning the AI industry's ringmaster of circular financing leaving may trigger fallout. Claims involving China policy are the author's own framing, unverified.

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