Add as a preferred source on GoogleNvidia Names Kress Interim CEO; Caso Sees Little Near-Term Earnings Impact
Former Nvidia CEO Jensen Huang resigned effective immediately on Nov. 12. Nvidia's next results are scheduled for Nov. 17.
Nvidia's board announced Nov. 12 that former Nvidia CEO Jensen Huang resigned, effective immediately, and named Colette Kress interim CEO, while Wolfe Research senior analyst Chris Caso expects little near-term earnings impact.
Caso expects the controversy surrounding Huang to have little or no effect on Nvidia's earnings in the near term. He cited full orders and the company's established product roadmap as reasons for that view.
The departure follows the board's probe of Huang.
Nvidia's next results are scheduled for Nov. 17.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.