On November 13, according to The Information, NVIDIA's interim CEO and Chief Financial Officer Colette Kress has repeatedly raised objections to high-risk transactions promoted by Jensen Huang. Sources familiar with the matter said that Kress may adopt a more prudent operating strategy than Jensen Huang. She previously opposed NVIDIA's plan to provide OpenAI with up to $250 billion in credit support; the deal was ultimately split, and NVIDIA currently commits only about $100 billion in credit support. With data center project delays and the cancellation of cloud computing deals, Kress has begun to diversify NVIDIA's financial risk exposure to a small number of customers. NVIDIA had 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 that the company may tighten financing support, and one cloud service provider has already considered switching to Google or AMD chips. In addition, Kress also needs to address challenges such as customers diversifying procurement, tighter U.S. export controls, and internal power adjustments within the company. The report noted that she had previously disagreed with Jensen Huang, his daughter, and his son-in-law over company matters.
