Colette Kress

Before his ouster, Jensen belittled the executive replacing him.

Interim CEO Colette Kress has questioned some Wong dealmaking.

He called her a, quote, deer in the headlights.

He said that she was more of a reporting CFO.

If you lock down the top two, three people and other NVIDIA sources tell me, actually, there's like 10 people you need to lock down.

If the board is able to lock down these people, I think NVIDIA can be successful.

So what did you read into this, Jensen, this in the Wall Street Journal? Before Oster, Jensen belittled his replacement, interim CEO Colette Kress, and questioned some of his deal-making.

He called her like a hoarding

And it's a major gut check for investors.

Well, right now, Colette Kress, who is the CFO, is currently the interim CEO until the next CEO is officially promoted or hired from outside.

We don't know who it is going to be right now, 30% chance on Ian Buck.

Does it really matter for the shareholders and ultimately the entire industry who leads NVIDIA?

China has always denied the allegations since the story broke.

Jensen Wong resigned as NVIDIA CEO on Thursday, left the board, leaving CFO Colette Kress serving as interim CEO once again.

while the board searches for a replacement and people have thoughts and we will talk about those thoughts a little bit later in the show.

Heck yes, we will.

And as you just heard, a second one possibly.

By Thursday, Jensen Wong had resigned as the CEO of NVIDIA.

And the chief financial officer, Colette Kress, has taken over, as we talked about earlier, while the board looks for a replacement.

And so we decided, you know what, NVIDIA, you've got a lot going on.

Read the latest insights at jpmorganchase.com slash Center for Geopolitics.

in the Financial Times today that the arms CEO has been at least sought out as the NVIDIA board looks for a permanent replacement to Jensen Wong, knowing that the CFO, Colette Kress, is in the chief executive position for the time being.

President Trump, of course, made it clear yesterday he has succession ideas of his own when it comes to NVIDIA.

He suggested the CEO, former CEO of Apple, Tim Cook, is another legend that could replace a legend in Jensen Wong.

Jensen Wong's last hours as NVIDIA CEO.

The headline in the Wall Street Journal at Bloomberg before his ouster, Jensen Wong belittled the executive replacing him.

He's actually calling the CFO now running the company a deer in the headlights.

Can you imagine the headlines we get Saturday, Sunday? I mean, isn't that part of the hesitation?

Crazy.

And Colette Kress, who has been the CFO since 2013, she is now interim CEO.

She's holding both roles right now.

And the market did not like that.

Now to the latest news on the situation at Nvidia.

The Wall Street Journal takes a closer look at the relationship between Jensen Huang and his successor, interim CEO Colette Kress.

The report describes a particularly contentious meeting this summer when Huang criticized Kress during a presentation on Nvidia's increasingly aggressive financial commitments to AI companies and data center developers.

Huang reportedly called her a deer in the headlights, as she questioned guarantees being considered for customers that couldn't afford Nvidia's chips.

China has always denied the allegations since the story broke.

Jensen Wong resigned as NVIDIA's CEO on Thursday, left the board, leaving CFO Colette Kress serving as interim CEO once again.

while the board searches for a replacement and people have thoughts and we will talk about those thoughts a little bit later in the show.

Heck yes, we will.

They're probably there through the end of the decade into the beginning of the next.

So you might be looking at a four or five year run because of that.

I think that Colette Kress makes sense because she knows the numbers and she's Nvidia is about to be under unprecedented regulatory scrutiny on everything that they do, everything that they ship, everything that they sell.

So she probably has the best handle on that.

They've been financing frontier models, you know, anthropic and open AI.

Longtime CFO Colette Kress has been named interim CEO while the board conducts a search for a permanent CEO.

Today, Microsoft says it's seeing encouraging recovery progress, that is, after a widespread service outage knocked out emails to hundreds of millions of people around the world.

The company says service was down in North America, Europe, and Asia after several servers became, quote, unexpectedly unavailable.

He was heard saying things like, whatever, I don't care, referring to himself as a piece of S. Yeah.

Now, Colette Kress is the company's CFO.

She has replaced him as interim CEO.

And during a presentation earlier in the summer, the Wall Street Journal reported, citing an anonymous source, that he described her as a deer in the headlights.