BlockBeats news, November 13, according to The Information, Nvidia (NVDA.O) interim CEO and Chief Financial Officer Colette Kress has previously raised objections multiple times to high-risk deals pushed by Jensen Huang.
Sources familiar with the matter said Kress may adopt a more prudent operating strategy than Jensen Huang. She previously opposed Nvidia's plan to provide up to $250 billion in credit support to OpenAI, a deal that was ultimately split, with Nvidia currently committing only about $100 billion in credit support. With data center project delays and cloud computing deal cancellations, Kress had already begun diversifying Nvidia's financial risk exposure to a small number of customers. Nvidia previously provided more than $100 billion in financial support, including investments and credit guarantees, to customers and supply chain partners. After Jensen Huang's departure, some investors are concerned the company may tighten financing support. One cloud service provider has considered switching to Google or AMD chips.
In addition, Kress must also address challenges such as customers diversifying procurement, tightening US export controls, and internal power adjustments at the company. She has previously had disagreements with Jensen Huang, his daughter, and his son-in-law over company affairs.
