By Jeremy Phillips
Publication Date: 2026-11-12 15:17:00
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Jensen Huang resigned as president, CEO and a director of Nvidia (NASDAQ: NVDA) on Thursday morning, effective immediately, ending a run that began when he co-founded the company in 1993. The board named Chief Financial Officer Colette Kress interim CEO, a job she will hold alongside her CFO role, and appointed Harvey C. Jones, a former CEO and executive chairman of Synopsys, as its first-ever chair. It will consider internal and external candidates for the permanent job. Nvidia was at $160.66 in Thursday morning trading, down 7.5% from Wednesday’s close and 32.8% below its October record. For a reader with $5,000 to put to work, the question is which companies gain from an Nvidia without its founder. Eric Bleeker’s three picks are Broadcom (NASDAQ: AVGO), AMD (NASDAQ: AMD) and Anthropic, which is expected to price its IPO next week….
