Jensen Huang once publicly referred to interim CEO Kress as "the CFO who only takes care of the accounts."

Nov 13, 2026 11:02:51

According to a report by Sina Finance, this summer, Nvidia founder Jensen Huang convened a meeting with core financial executives to assess the risks associated with providing billions of dollars in guarantees to companies that cannot afford chips. During the meeting, Huang harshly criticized the interim CEO Colette Kress, who has taken over the leadership of Nvidia.

An insider stated that when Kress was reporting, Huang interrupted her, saying she looked like "a deer caught in headlights," and commented that she was merely a "CFO focused on accounting," unable to help define strategy or make critical decisions. The report indicated that many related transactions were led by Huang's son-in-law Nico Caprez, aimed at providing financing to emerging cloud vendors and data center developers in exchange for long-term chip customers. After initiating a round of large-scale transaction expansion, Huang himself began to question whether the steps taken were too large. The meeting took place in August.

Recent Fundraising

More
$50MNov 10
$11MNov 10
$47.5MNov 10

New Tokens

More
Dec 31
Dec 31
SSaturnSTRN
Dec 31

Latest Updates on 𝕏

More
Nov 12
BBaseFollowedReady
Nov 12