Nvidia Board Has Not Hired a Search Firm to Find Huang's Permanent Successor

Nvidia's board told CNBC it has not yet selected a search firm to find a permanent successor to CEO Jensen Huang. Speculation about who will take over the chipmaker, which supplies most of the AI accelerators used to train and run large models, has been widespread. The board's statement offers no candidate or timeline.

Why it matters: Leadership continuity at Nvidia, the dominant supplier of AI compute, can influence product roadmaps, pricing, and supply planning for the companies that depend on it.