Economy
Microsoft struggles as outage hits Outlook, Teams, Copilot worldwide
One of Microsoft’s worst outages knocked out Outlook, Teams and the Copilot AI assistant for businesses and government agencies from Asia to Europe to the U.S., and the technology giant struggled Friday to restore services.
Microsoft blamed server problems and said it had no indication the disruption was caused by malicious activity. In its latest update Friday, the company said it was “seeing early stabilization and capacity improvements as recovery actions continue.” It said it was using “a measured approach to identify and repair affected infrastructure” and would treat the incident “with urgency and priority until full resolution.”
The outage affected Microsoft 365 features that depend on Exchange Online, the company’s cloud-based messaging platform for email, calendar, contacts and tasks. Elements that do not rely on Exchange Online remained functional. More than 430 million people use Microsoft 365 apps, according to the company.
Recovery efforts falter
A series of posts by Microsoft on the social media platform X suggested engineers were struggling to get the problem under control. Hours after saying it had restored service health and functionality, the company updated its list of affected services and said it was continuing to address the issue. In a later post, it said changes meant to improve serviceability were “not taking as expected.”
Downdetector reported problems from roughly 130,000 users in dozens of countries accessing Outlook on Thursday, though new reports have since fallen from that peak.
Australian Home Affairs Minister Tony Burke, who also serves as the country’s cybersecurity minister, said he spoke with Microsoft’s top executive in Australia and the government’s national cybersecurity coordinator. He said Microsoft told him it did not believe it was dealing with a cyberattack.
“They believe that they are dealing in some ways (with something) similar to what we saw with respect to CrowdStrike where there is an update that has gone awry,” Burke told reporters in Sydney. He added that the impact is “very much on email systems.”
In July 2024, a global tech outage grounded flights and disrupted hospitals, banks and retailers after Texas-based cybersecurity firm CrowdStrike pushed a faulty update to computers running Microsoft Windows.
Governments affected
Australia’s spy agency and federal police were among the organizations caught up in the outage. The U.S. House of Representatives said its users were affected and that its engineers were working with Microsoft.
In Japan, Deputy Chief Cabinet Secretary Masanao Ozaki said the outage affected the government’s IT infrastructure and that officials were “keeping a close eye on the developments.” The government said it had secured alternative communication tools such as telephones.
Singapore’s Government Technology Agency said government emails were down and that it was working with Microsoft to resolve the problem. The Philippines’ Supreme Court said the outage affected some of its operations, including email responses.
Businesses, markets
The disruption caused problems at trading firms and delayed some companies’ earnings announcements.
Workhorse Group Inc., an electric truck maker based in the U.S., rescheduled its results to Nov. 16 after delaying a quarterly earnings call. Switzerland’s Richemont briefly delayed its first-half results announcement Friday.
In Europe, stock exchange operator Euronext said its listing teams were having email problems. British insurer Aviva said it was putting backup plans in place for its earnings calls, and Danish shipping company Maersk warned customers of delays to emails and updates.
In Taiwan, the outage disrupted fund management at securities firms, life insurers and investment trust companies. One company canceled a bond repurchase transaction, a source familiar with the situation told Reuters. Another financial company resorted to using fax to confirm trades, a second source said.
In Hong Kong, Danny Lau, who runs an aluminum firm, said his company’s Outlook accounts could not receive updates from U.S. customers. A prolonged outage could “impact the production timeline,” he said. Some Hong Kong banks also saw part of their operations disrupted.
Indian airlines Air India, IndiGo and Akasa Air said their email support services were affected. Air India and IndiGo said flight operations were unaffected. Air India said it temporarily rerouted its email services so customer queries would continue to reach it.
OpenAI and Anthropic each said they had problems connecting with Microsoft 365 tools, underscoring the ripple effects as more people use AI platforms to interact with other companies’ software.
Questions about reliability
It is the second disruption to hit Microsoft 365 this year. The company also had 365 outages in January and in October last year, and last month it reported an outage of its Azure cloud platform that affected its productivity software and industries worldwide.
Josh Gilbert, a market analyst at trading platform eToro, said investors would likely shrug off the outage for now because few customers can leave the Microsoft ecosystem overnight.
“The bigger worry is that this isn’t the first 365 outage this year, and if reliability starts to look like a recurring problem, it hands every IT department a reason to think twice before putting even more of their business in one provider’s hands,” he said.
Developing countries cannot realistically abandon fossil fuels without greater access to affordable financing and technology to support their transition to cleaner energy, Türkiye’s energy chief said Thursday as the country hosted U.N. climate talks.
“Access to technology, access to affordable finance are the key things. Without that, to tell the people you don’t need to consume coal, you don’t need to consume other fossil fuels, it doesn’t make any sense,” said Energy and Natural Resources Minister Alparslan Bayraktar told Agence France-Presse (AFP).
“We need to produce this electricity. We would like to make it with renewables. We would like to make it with nuclear,” he said on the sidelines of the COP31 meeting in the Mediterranean resort of Antalya.
“But of course, to develop nuclear power plant(s), it’s a huge amount of finance required. And when you talk to international financial institutions, they are still hesitant about nuclear.”
Türkiye has been expanding its clean energy capacity as it seeks to curb its heavy reliance on energy imports. It has also stepped up hydrocarbon explorations in the Black Sea and in the country’s south.
Bayraktar earlier announced he had met with crude-rich Venezuela’s oil minister on pursuing joint projects, while Türkiye has also signed other agreements on the issue with several countries, Somalia notable among them.
On Monday, President Recep Tayyip Erdoğan celebrated the fact that Türkiye had made a new oil discovery on its territory.
Bayraktar said such moves were not at odds with Türkiye’s goals of going carbon neutral by 2053 and slashing oil consumption by half a million barrels a day by 2040.
In the meantime, “we need 700,000 barrels of oil. We still need 57 BCM (billion cubic meters) of gas,” he said.
“And I don’t want to rely on just imported resources. I want to produce my own oil and gas … So that’s why we are investing in Venezuela. That’s why we are investing in Africa, Libya, Iraq.
“We need to respect the right of development” of all countries, he said.
The energy minister also lamented the absence of several European countries from the summit – and singled out France for criticism.
“Unfortunately, where is President (Emmanuel) Macron? He is one of the leading figures in the global effort to fight climate change,” Bayraktar said.
Türkiye’s current account recorded a surplus of $2.72 billion in September, official data showed Friday, primarily driven by a lower trade gap despite a deterioration in the energy trade balance as the U.S.-Iran war has pushed energy prices up.
Treasury and Finance Minister Mehmet Şimşek said the 12-month rolling current account deficit has narrowed to $39.2 billion, from $41.3 billion in the previous month, and that he expects the gap to stand at 2.2% of national income this year.
The surplus compares to a mere $600 million in the same month last year and is just under the median forecast of $2.75 billion in a Bloomberg survey of economists. In August, the current account posted a surplus of $4.05 billion.
Excluding gold and energy, the current account showed a surplus of $7.34 billion in September, the Central Bank of the Republic of Türkiye (CBRT) said.
The data shows that the large surplus is attributable to a moderation in domestic demand and lower net gold imports, which helped offset the widening net energy trade deficit driven by higher energy prices, analysts at the Dutch financial giant ING said.
The foreign trade deficit, as defined in the balance of payments, was $3.64 billion. That compared to a gap of $5.4 billion in the previous month and was supported by an increase in core trade surplus and gold trade turning positive, they wrote.
Higher services income, more than offsetting deterioration in the primary and secondary income balances, also contributed to the current account’s rising surplus, the analysts said.
Net inflows from services came to just over $9 billion in September, according to the central bank. Travel brought in a net $6.57 billion and transportation a net $3.1 billion.
On a 12-month basis, the foreign trade deficit stood at $76.8 billion. The services balance showed a surplus of $66.1 billion, while the primary income balance was $26.3 billion in deficit and the secondary income balance was $2.1 billion in deficit.
Net direct investment inflows were $859 million in September. Foreign residents’ direct investment in Türkiye rose by nearly $1.52 billion, while Turkish residents’ direct investment abroad rose by $649 million.
Portfolio investment saw a net outflow of $7.73 billion. Foreign investors were net sellers of $5.86 billion in the stock and investment fund markets and of $495 million in domestic government bonds.
Banks made net repayments of $820 million on foreign loans in September, while other sectors drew a net $1.86 billion. Official reserves fell by just over $10 billion.
Crypto assets counted for first time
The central bank included crypto asset transactions in its balance of payments statistics for the first time, using data from the Central Registry Agency, Türkiye’s securities depository.
In September, residents made net sales of crypto assets with no counterpart liability of $21 million and bought $49 million of stablecoins.
Şimşek said exports of goods and services over the past 12 months topped $410 billion, helped by goods exports and tourism revenue.
He said the current account deficit was 1.9% of national income in 2025, and that the government expects a limited rise this year to 2.2%.
That is below the forecast in the government’s Medium-Term Program (MTP) and in line with its estimate for the third quarter, he said.
The September surplus narrowed the 12-month rolling deficit to approximately 2.4% of GDP.
Şimşek recalled that the rise in energy prices after the war between Russia and Ukraine had sharply widened Türkiye’s current account deficit. He said the gap as a share of national income has stayed roughly flat during the most recent period, which has seen one of the biggest energy supply shocks in recent history due to the Iran war.
He called that a sign of the economy’s growing resilience and a concrete result of policies that put macrofinancial stability first.
Şimşek said the government will continue policies to improve the quality of exports and their competitiveness. These include more diverse products and markets, support for high-value, technology-intensive production, faster adjustment to the green and digital transitions and more varied services exports.
Preliminary customs data from the Trade Ministry points to a higher surplus in the October current account and a further improvement in the 12-month rolling deficit, ING analysts said.
“In the months ahead, the trajectory of the current account balance is expected to be influenced by a mix of external risks alongside domestic demand conditions,” they wrote. “Here, any signs of a potential U.S.-Iran agreement being reached would support easing pressure on energy prices.”
Commerce Secretary Howard Lutnick could be out as senior White House officials are discussing whether he should be ousted amid a spy scandal surrounding Nvidia’s now-former CEO Jensen Huang, a report said Thursday.
A growing number of lawmakers criticized Lutnick for the administration’s refusal to add dozens of Chinese companies to a key U.S. trade blacklist, and for whether the government was properly overseeing Nvidia’s exports to China.
Criticism of Lutnick’s actions predates Thursday’s resignation of Huang, who said he would step down as CEO of the leading AI chipmaker after reports of an affair with Alice Huang, whom U.S. authorities suspect of spying for Beijing. But the charge that Lutnick has not done enough to restrict AI chip shipments to China has emerged as the fallout from Jensen Huang’s actions grows.
The White House and Commerce Department did not immediately respond to requests for comment after Reuters reported White House officials were discussing Lutnick’s future, citing two people familiar with the situation.
Earlier on Thursday, a White House official said President Donald Trump “maintains complete confidence in the secretary and his ability to carry out the position.”
In June, Reuters reported the Trump administration had held off adding China’s AI startup DeepSeek, memory chipmaker CXMT and more than 100 other companies flagged as national security risks to a trade blacklist.
Asked on CNN if Lutnick should lose his job, Republican Senator John Kennedy said: “I don’t know yet.” He and others have urged Lutnick to quickly publicly answer questions and noted he will be called to appear before Congress. “This is as serious as an aneurism,” Kennedy said.
The U.S. has not posted any additions to that list since October 2025, the longest stretch between new postings in more than a decade. Reuters earlier reported that the Commerce Department has not added new Chinese companies to that list for fear of escalating tensions between the U.S. and China.
“Secretary Howard Lutnick and Under Secretary Jeffrey Kessler must explain why they have not closed export control loopholes and act today to ensure our advanced technology is not fueling China’s military,” Senator Elizabeth Warren, a Massachusetts Democrat, said.
Warren, who will chair the Senate Banking Committee starting in January, and incoming Senate Foreign Relations Committee Chair Chris Coons, a Delaware Democrat, wrote to Lutnick, Secretary of State Marco Rubio and White House chief of staff Stephen Miller, telling the administration to preserve all documents related to Nvidia’s exports of advanced AI chips to China and related national security risks.
Nvidia sales questioned
The senators cited reports of Jensen Huang’s personal relationship with Alice Huang, an executive of Megaspeed, a Singapore-based company that has purchased more than $4.8 billion in advanced Nvidia AI chips since June 2024.
U.S. Senator Ron Wyden of Oregon and Representative Richard Neal of Massachusetts, the top Democrats on the Senate Finance Committee and House Ways and Means Committee, respectively, wrote to Lutnick on Thursday, saying they were investigating the administration’s approval of sales of Nvidia’s advanced AI chips to Chinese companies “with concerning links to the Chinese government, military, and sanctioned entities.”
The lawmakers also questioned Trump’s decision to grant Nvidia permission to sell its advanced H200 AI chips to China in December 2025 in exchange for a cut of the export sales through a Commerce Department action, which they called “an unconstitutional export tax.”
Jensen Huang supported more exports to China, despite repeated calls from China hawks in both parties to crack down on Beijing’s access to the technology.
Nvidia’s statement announcing Jensen Huang’s resignation did not address his actions.
Representative Brian Mast, a Florida Republican, said Congress needs to investigate the Commerce Department’s role in how it approves chip exports, adding that he has confidence in Lutnick.
Lutnick, a Wall Street veteran who served as co-chair of Trump’s transition team, has been friends with Trump for three decades and was a guest in 2008 on “The Apprentice,” the reality TV show Trump hosted.
Axios reported on Wednesday that Lutnick stalled Trump’s crackdown on companies suspected of diverting Nvidia’s chips to China.
The Republican chair of the Senate Intelligence Committee, U.S. Senator Tom Cotton of Arkansas, urged Lutnick on Thursday to bar CXMT from the U.S. market and deny it access to American technologies.
Jensen Huang’s forced exit from Nvidia has left the AI industry without one of its most influential boosters and the chip giant that has been called the “central bank of AI” without its longtime leader at a delicate moment.
Huang resigned Thursday after reports of multiple extramarital affairs, including with a suspected Chinese spy. Chief Financial Officer Colette Kress was named interim CEO.
The departure comes days before the highly anticipated IPO of AI company Anthropic, which is valued at $1.3 trillion, and amid growing concerns about the soundness of the industry’s enormous spending. Nvidia has committed to buying $10 billion worth of shares in the offering.
“Jensen Huang’s resignation is a watershed moment for Nvidia, which now has to prove it can maintain its AI dominance without the leader largely responsible for building it,” said Asa Hiken, a senior analyst at research firm eMarketer.
“And given the broader AI industry’s heavy dependence on Nvidia’s chips, Huang’s departure introduces uncertainty well beyond the company itself.”
Booster with political clout
Huang was a very public face of a company that dominates the market for chips used to train and run AI models. Nvidia and Apple trade places as Wall Street’s most valuable company. In March, Huang predicted Nvidia would face a $1 trillion backlog in chip orders by the end of the year, double his estimate from a year earlier.
He built close ties to U.S. President Donald Trump, accompanying him on Air Force One earlier this year to a summit in Beijing with Chinese leader Xi Jinping. Huang persuaded Trump to allow sales of some of Nvidia’s high-end chips to China despite export controls. He will now be absent when Trump meets Xi next week at the APEC summit in Shenzhen.
While some executives urged slowing AI development over safety concerns, Huang pushed ahead and advocated a light touch on regulation. He is not the only face of AI. OpenAI’s Sam Altman, Google’s Demis Hassabis and Nobel Prize winner Geoffrey Hinton are among the others.
Lizzi C. Lee, a fellow at the Asia Society Policy Institute’s Center for China Analysis, said Huang “had played an outsized role as its chief strategist, dealmaker and – very importantly – political advocate, with close access to both Washington and Beijing.”
Rivals see opening
Shares of Nvidia rivals Broadcom, Intel and Advanced Micro Devices rose as investors bet customers will look to diversify their suppliers. Nvidia’s filings also name cloud companies such as Google, Amazon and Microsoft as competitors.
Some analysts said that could benefit the industry. “This could turn what has effectively been a monopoly into a horse race again, as competitors rush to meet growing demand,” said Bret Greenstein, chief AI officer at the consultancy West Monroe.
Others were more cautious.
Jay Aldebert, chief growth officer of International Services Inc., said Nvidia has long answered each competing chip with a better one.
Chester Spatt, a finance professor at Carnegie Mellon University, said rivals’ gains will be smaller than Nvidia’s losses, though chip buyers may become “much more reluctant to concentrate their purchases with a single source.”
Nvidia’s near-term outlook appears solid. Ming-Chi Kuo, an analyst at TF International Securities, wrote on X that the CEO change would not affect Nvidia’s “product development and competitiveness” until 2028 at the earliest.
Gary Marcus, a longtime tech industry critic, was more pessimistic. He wrote on Substack that “things will clearly never be the same” and predicted “chaos,” adding that “the market may crash.”
Scrutiny of financing
Huang’s relationships fueled Nvidia’s partnerships and investments in companies that buy its chips, a strategy Kress helped drive. That approach is drawing closer scrutiny. Critics have questioned what they call circular dealmaking, including a financing guarantee of more than $100 billion for a new OpenAI data center in Ohio.
CoreWeave, which buys Nvidia chips and rents access to them, closed down nearly 7% Thursday. Nvidia holds a nearly 13% stake in the company.
Aldebert said tech leaders likely spent Thursday looking for a “backup plan” for some financing, and he called the practice of circular financing “incestuous.”
The fallout also lands after midterm elections marked by hostility toward data centers, which brought in many Democrats promising aggressive AI regulation.
Lee said the scandal is likely to prompt lawmakers to seek stronger export controls, which could benefit Chinese chipmaker Huawei, though China’s AI developers still depend heavily on Nvidia’s ecosystem. “This could be both an opportunity and a headache for China,” she said.
Analyst Dan Ives called the saga a “black eye moment” for Huang but said it might “sharpen the sword in the battle and arms race” between the U.S. and China. He said other tech leaders, including Microsoft CEO Satya Nadella, Google CEO Sundar Pichai and Apple Chairman Tim Cook, “are now going to have (to) step in.”
Tributes from Silicon Valley
Several industry figures lamented the exit. Epic Games CEO Tim Sweeney wrote on the social media platform X that it was “a sad day for Nvidia, developers, America, and all humanity.”
Clement Delangue, CEO of Nvidia-owned Hugging Face, called it “a really sad day” and vowed to “keep fighting for open-source AI, harder than ever.”
Shaun Maguire, a partner at venture capital firm Sequoia Capital, wrote that “infidelity is obviously bad” but that Huang’s contributions “cannot be overstated.” He warned his exit leaves “a huge void.”
Elon Musk, the world’s richest person, said in a video shared on X that it would be “an honor” to hire Huang.
Greenstein said the coming weeks could be telling. “This is all very interconnected, and I think that we’re going to see a lot of interesting dynamics happening the next month as it plays out,” he said.
From Asia to the U.S., Microsoft’s outage involving services like Outlook and Teams has dragged on for hours and impacted many users, companies and some government operations as the technology giant struggled with fixing the issue.
Microsoft said in an update Friday that the outage was affecting a wide range of Microsoft 365 offerings that interact with its Exchange Online and email services. Services including Outlook, Teams and AI assistant Copilot were reported by users to be down.
The Redmond, Washington-based company said it was trying different ways to identify the cause of the problem and get its servers back online, using “a measured approach to identify and repair affected infrastructure.’
The company said it did not have any indication that the outage was caused by malicious activity and would treat the incident “with urgency and priority until full resolution.’
More than 130,000 users on outage tracker Downdetector reported problems accessing Outlook earlier on Thursday, although new reports have since fallen from that peak.
A series of posts by the company on X suggested its engineers were struggling to get the problem fully under control.
Hours after saying it managed to successfully restore service health and functionality, the company said it had updated its list of impacted services and was continuing to address the issue.
Its most recent post offered little hope for users expecting a quick resolution.
“We’ve monitored the status of the changes applied to improve serviceability and confirmed they’re not taking as expected,’ the company wrote.
U.S.-based industrial technology company Workhorse Group Inc. delayed a conference call for its quarterly earnings because of the outage.
In Australia, Home Affairs Minister Tony Burke said Friday that Microsoft had likened the widespread outage to the CrowdStrike outage in 2024.
Burke said he had spoken to Microsoft’s top executive in Australia and the government’s national cybersecurity coordinator about the global disruption.
“They (Microsoft) don’t believe they are dealing with a cyberattack. They believe that they are dealing in some ways (with something) similar to what we saw with respect to CrowdStrike where there is an update that has gone awry,’ Burke told reporters in Sydney.
Texas-based cybersecurity company CrowdStrike blamed a bug in an update that allowed its systems to push bad data out to millions of customer computers, setting off a global tech outage in July 2024 that grounded flights, took TV broadcasts off air and disrupted banks, hospitals and retailers.
Hong Kong businessperson Danny Lau, who runs an aluminum firm, said his company’s Outlook accounts could not receive updates from their U.S. customers due to the outage. If the situation dragged on further, this could “impact the production timeline,’ he said.
Air India said its flight operations were unaffected by the global Microsoft outage. However, it temporarily rerouted its email services to ensure customer queries continued to reach the airline without interruption, the company said in a statement.
IndiGo, another Indian airline company, said it also reported disruptions to its email support services, which affected its ability to receive customer queries. The airline, in a statement on X, said its other support channels remained operational and its flight operations were unaffected.
Singapore’s Government Technology Agency said that government emails were down and that the agency is working with Microsoft to resolve the issue.
The Philippines’ Supreme Court said in a statement on X that the ongoing Microsoft 365 service outage has affected some of its operations, including email responses.
In Japan, Deputy Chief Cabinet Secretary Masanao Ozaki said the outage impacted the government’s IT infrastructure and that they were “keeping a close eye on the developments.’
OpenAI and Anthropic each reported that they were facing problems connecting with Microsoft 365 tools, underscoring the ripple effects of outages as more people use artificial intelligence platforms to interact with other companies’ software.
U.S. President Donald Trump called Thursday for former Apple CEO Tim Cook to replace Jensen Huang at Nvidia, after Huang quit over revelations of two affairs, including one with an alleged Chinese spy.
The 63-year-old had led the AI giant since its founding in 1993. He stepped down as chief executive and board member, effective immediately, with chief financial officer Colette Kress named interim CEO.
“Now that Nvidia CEO JENSEN HUANG, who has done a fantastic job, has resigned, there is only one man to take his place – TIM COOK of Apple,” Trump said on his Truth Social network.
“A Legend replaces a Legend!”
Trump has no formal say in who should run chip giant Nvidia, which is at the center of the AI revolution, but his extraordinary intervention underscores his close ties to both Huang and Cook.
During his second presidency, Trump has treated Nvidia co-founder Huang as a close adviser, even bringing him on board Air Force One for a state visit to China in May.
After allegations emerged about Huang’s ties to Chinese businesswoman Alice Huang, Trump this week defended the Nvidia boss and said he had no idea Alice Huang was allegedly spying for Beijing.
Trump added that Jensen Huang, who is not related to Alice Huang, was “suffering greatly” and described the Taiwanese-born tech boss as “an amazing guy.”
But Trump still faces questions over what he knew about the allegations – and when he knew.
The New York Times reported earlier this week that Trump was informed about the allegations by Secretary of State Marco Rubio aboard Air Force One in May – shortly before picking up Huang in Alaska for the flight to Beijing.
Cook – who stepped down as Apple CEO in September after 15 years at the helm but remains executive chair of its board of directors – is another of the tech titans who have swarmed around the White House since Trump’s return.
In August 2025, the 66-year-old appeared in the Oval Office with Trump to announce that Apple would increase its investments in the United States to $600 billion, as the president threatened huge tariffs on tech products made abroad.
He also brought one of the flashy presents that Trump loves – a custom-engraved glass piece made by iPhone glassmaker Corning, set in a 24-karat gold base.
The gift helped smooth relations between Cook and Trump, who had repeatedly criticized Apple in the past for not manufacturing its iPhones in the United States.
Cook also accompanied Trump to China in May, and both he and Huang attended the lavish state banquet that the U.S. president held at the White House for Xi in September.
Who could replace Huang?
Nvidia’s board, meanwhile, began searching for a new leader on Thursday.
It said it would consider both internal and external candidates. With no known succession plan at Nvidia, one of the most important players in AI, the field is wide open.
Here are some of the names most frequently suggested as Huang’s permanent successor.
Internal hire
With more than 40,000 employees, Nvidia could opt for an in-house pick, including one of Huang’s dozens of direct reports.
Kress, who has served as finance chief since 2013, now holds the top job on an interim basis and was widely seen as the front-runner even before Thursday’s announcement.
“She has built enormous credibility inside and outside the company,” analyst Dan Ives of Yorkville Ives wrote in a note to clients.
Another longtime Nvidia executive is Ian Buck, who oversees the company’s data center business. He was a key mind behind the software that keeps Nvidia-designed chips in demand.
Business magazine Inc. also lists Nvidia’s vice president of applied deep learning research, Bryan Catanzaro, as a possible pick.
Family ties
Huang’s two children both work at the company.
His daughter Madison Huang is senior director of product marketing at Nvidia and has been among the names suggested by analysts. She previously spent several years in marketing at French luxury conglomerate LVMH.
Her husband Nico Caprez, a former professional ski racer whom she helped recruit to Nvidia, also works at the company. Some employees see the couple as possible future leaders of the firm, the tech news site The Information has reported.
Jensen’s son Spencer Huang is director of product management in Nvidia’s robotics division.
Tech CEO swap
The board could also look outside the company.
Lisa Su, the longtime CEO of rival AMD, has been floated as a possible candidate. She is also a relative of Huang’s.
Rene Haas, CEO of U.K. chip design firm Arm, is another candidate being suggested by the tech press.
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