Hwang reprimands Cress over 'financial reporting only'... WSJ report

Nvidia CEO Jensen Huang rebuked then-CFO Colette Kress during an August meeting on customer financing guarantees, calling her a "CFO who only does financial reporting" and likening her to "a deer frozen in headlights," according to The Wall Street Journal. The meeting centered on proposals to back billions of dollars in guarantees for companies short of cash to buy Nvidia chips, with Huang convening senior finance executives to weigh the risks such deals would pose to the company. The reported criticism matters because it signals Huang wants finance leadership involved in strategy and dealmaking, not just reporting, as Nvidia leans more heavily on financing arrangements to sustain AI chip demand. Kress remains CFO, and investors will watch whether Nvidia expands these customer guarantees and how the finance organization's role shifts under Huang's expectations.