Nvidia faces CEO succession questions as board backs Jensen Huang

Nvidia faces renewed scrutiny over CEO succession after an investigation into whether Jensen Huang was targeted by a foreign intelligence operation, following his acknowledgment of an affair. The board backs Huang, who says he will continue leading, but no clear successor has been named. Huang owns about 3.6% of Nvidia and lacks controlling voting power, leaving the board able to remove him. Potential internal candidates include CFO Colette Kress, a 13-year veteran, and Ian Buck, a 22-year executive who leads data center and computing units, which drive most revenue. Co-founder Chris Malachowsky could aid a transition. Huang’s children, Madison and Spencer, work at Nvidia in senior roles, with speculation they might eventually lead, though no family succession plan exists. Analysts expect Huang to stay, with one saying, “Jensen is Nvidia. Nvidia is Jensen.”