Nvidia’s next CEO: Some prediction market traders bet Jensen Huang will make a comeback

Detailed summary

Prediction market traders bet Jensen Huang could return as Nvidia CEO, as the chipmaker weighs succession after his resignation. Read more at straitstimes.com.

Nvidia has yet to name a permanent successor to Jensen Huang, with some in the industry calling him irreplaceable.

SINGAPORE – Jensen Huang has stepped down as Nvidia’s chief executive, but some traders on the prediction market Kalshi are betting that the chipmaker will name him its next permanent CEO before 2029.

Nvidia has yet to name a permanent successor to one of the AI industry’s most influential leaders, with some in the industry calling him irreplaceable.

On Kalshi, which is regulated in the US but banned in Singapore, the implied odds of Nvidia naming Huang as its next permanent chief executive by the end of 2028 rose as high as 15% on the evening of Nov 13, before falling to around 7%.

Nvidia executive Ian Buck is currently in the lead, with a 33% chance on Kalshi of becoming Nvidia’s next CEO.

Buck is vice-president and general manager of hyperscale and high-performance computing at Nvidia. He leads its multibillion-dollar data centre business, which supplies AI chips and software to major tech companies worldwide.

Kalshi put the odds of Colette Kress getting the permanent job at 13%. Kress is Nvidia’s chief financial officer and was made interim CEO following Huang’s resignation on Nov 12.

She is tied with Rene Haas, chief executive of British chip design company Arm Holdings.

Other executives Kalshi traders are betting on include Apple chief hardware officer Johny Srouji, Palo Alto Networks chairman and CEO Nikesh Arora, Nvidia executive vice-president Jay Puri, and AMD chairman and CEO Lisa Su. Puri oversees Nvidia’s global sales, business development and partnerships.

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