NVIDIA’s board accepted Jensen Huang’s resignation as president, chief executive and a director on Nov. 11, placing Chief Financial Officer Colette Kress in the interim CEO role while the company searches for a permanent successor.
The leadership change has a direct Arizona connection because NVIDIA chips are already being manufactured at TSMC’s north Phoenix campus, one of the largest employment and supplier anchors affecting the West Valley semiconductor corridor. Neither NVIDIA’s securities filing nor its company announcement identifies a change to TSMC Arizona production, customer commitments or the chipmaker’s product schedule.
NVIDIA said its operations, customer commitments and product roadmap are expected to continue without interruption. That is the company’s stated expectation, not a guarantee about future investment or production decisions.
What the official records establish
NVIDIA disclosed the transition in a Form 8-K filed with the Securities and Exchange Commission on Nov. 12. The filing says the board accepted Huang’s resignation effective immediately and appointed Kress, 59, as interim CEO. She will continue serving as executive vice president and chief financial officer during the search.
The board also appointed longtime director Harvey C. Jones as chair. NVIDIA’s Nov. 12 announcement says the company will consider internal and external candidates for the permanent CEO position.
The filing and announcement do not state why Huang resigned. They also do not announce a revision to NVIDIA’s manufacturing relationships, Arizona production or previously disclosed customer commitments. NVIDIA is scheduled to report fiscal 2027 third-quarter results Nov. 17, followed by an earnings call that may provide the next formal update on strategy and demand.
Why TSMC Arizona is tied to NVIDIA
NVIDIA and TSMC announced in October 2025 that the first NVIDIA Blackwell wafer produced in the United States had been made at TSMC’s Arizona facility. NVIDIA later described the milestone as Blackwell reaching volume production at the campus.
TSMC also identified NVIDIA as one of the major U.S. technology customers supporting its expanded American manufacturing plan. The company’s March 2025 expansion announcement raised planned U.S. investment to $165 billion and said the north Phoenix site employed more than 3,000 people on 1,100 acres.
TSMC’s 2025 annual report says the first Arizona fab entered high-volume production in late 2024, the second fab is expected to begin high-volume manufacturing in the second half of 2027 and construction of the third fab began in 2025. The company also purchased another large nearby property to provide room for the broader expansion.
Those projects have shaped hiring, housing, infrastructure and supplier development across north Phoenix, Peoria, Glendale and nearby West Valley communities. West Valley Post’s TSMC and semiconductor supplier tracker follows those local effects and distinguishes announced investment from completed construction and operating capacity.
What remains unresolved
The primary records confirm the executive transition but do not establish a change in Arizona factory operations. The practical questions are whether the permanent CEO keeps the same product and supply strategy, whether NVIDIA maintains its demand forecasts and whether TSMC changes any Arizona schedules in response to customer orders.
For now, TSMC’s disclosed Arizona construction timeline remains in place. The next useful evidence will come from NVIDIA’s Nov. 17 results, later company filings and any direct TSMC update on capacity, customers or the Phoenix buildout.
Featured image: TSMC Fab 21 under construction in Phoenix in November 2023. Photo by Hunter Trick via Wikimedia Commons, CC BY-SA 4.0. This archival image does not show current construction conditions.
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