Nvidia CEO Jensen Huang has stepped down from his roles as president, chief executive officer, and board member effective immediately, according to Bloomberg. Colette Kress, who continues to serve as the company's executive vice president and chief financial officer, has been named interim chief executive officer. Harvey C. Jones has been appointed as Nvidia's first board chair following the leadership transition. The abrupt change at the helm of the world's leading AI chipmaker marks a significant shift for the semiconductor giant that has been central to the artificial intelligence boom driving cryptocurrency mining and blockchain infrastructure demand.