NVIDIA’s board is navigating a sudden leadership transition after co-founder Jensen Huang resigned as CEO, president, and board member on November 12 amid reports of personal conduct issues that prompted an internal investigation. The board appointed longtime director Harvey Jones as its first-ever chair and named CFO Colette Kress interim CEO while launching a search for a permanent successor that includes internal and external candidates. This rapid restructuring, including the elevation of an engineer like Ian Buck in trader discussions, signals ongoing governance scrutiny in the AI chip sector. Traders are watching for additional board adjustments ahead of the November 18 employee meeting and the permanent CEO decision, which could extend or stabilize the current slate depending on how the search unfolds.