World · Malaysia Bureau
Nvidia CEO Jensen Huang Steps Down Effective Immediately
The artificial intelligence chipmaker's board of directors announced that Jensen Huang has resigned from his positions as chief executive officer, president, and board member, effective immediately.
LSN Malaysia ·
Nvidia Corporation confirmed on Monday that Jensen Huang has stepped down from all executive and board positions at the company, according to an announcement from the board of directors.
Huang's departure marks a significant leadership change for the technology giant, which has become one of the world's most valuable companies amid surging demand for its artificial intelligence computing chips. The resignation takes effect immediately, the board said in its statement.
No additional details regarding the circumstances of Huang's departure or the timeline for appointing a successor were provided in the board's announcement. The company did not specify who will assume leadership responsibilities in the interim.
Nvidia has been at the centre of the global artificial intelligence boom, with its graphics processing units becoming essential infrastructure for developing and deploying large language models and other AI applications. The company's market capitalisation has soared in recent years as demand for its chips has intensified across technology companies and data centres worldwide.
The board is expected to provide further information about the company's leadership transition in the coming days.