Nvidia looks for successor after exit of CEO Jensen Huang, shake the AI industry

Nvidia CEO Jensen Huang resigned Thursday after reports of a second extramarital affair, leaving the $4 trillion company without a clear successor amid a U.S. government investigation into possible national security breaches; CFO Colette Kress was named interim CEO and entrepreneur Harvey C. Jones became the company's first chairman. Northeastern associate professor Ryan Ellis said Nvidia's flat structure concentrated enormous power in the CEO and lacked a succession plan, and that the company's heavy dependence on one individual is a risk now materializing. Ellis added that Nvidia's role financing data-center build-out means its troubles could ripple across the AI industry.