The key facts

  • Andrey Kostin, at the 'Focus on the Client' conference, commented on Jensen Huang's departure from the post of head of Nvidia
  • The event was broadcast by the Bank of Russia

Statement at the conference

VTB head Andrey Kostin commented on the departure of Jensen Huang from the post of chief executive officer of the American company Nvidia. According to him, Huang was 'pushed out for no reason.' The statement was made during the 'Focus on the Client' conference, which was broadcast by the Bank of Russia. This was reported by Gazeta.Ru.

What is known and what is not yet known

The publication is a short news item: it contains only Kostin's remark itself, without details about the reasons for Huang's departure, Nvidia's reaction, or that of other market participants. The material is marked as to be updated, so details may appear later. There is no official confirmation of the circumstances of Huang's departure in available publications — so far only the VTB head's personal assessment is known.