Jensen Huang resigns as Nvidia CEO immediately
“Nvidia said on Thursday that Jensen Huang had resigned as president and CEO effective immediately. Huang, 63, stepped down following a board meeting amid reports of two extramarital affairs, one involv…”
Chief Financial Officer Colette Kress has been appointed as interim CEO while keeping her existing roles. Read:Could Nvidia lose longtime CEO Jensen Huang amid growing controversy? Company’s board weighs leadership changeNVIDIA announces CEO transition.
Read the release:https://t.co/MTTUvFHCJA— NVIDIA Newsroom (@nvidianewsroom)November 12, 2026Nvidia shares fell 10% in US premarket trading after the announcement, adding to a decline that has wiped out about $600 billion in market value this week. Huang owns about 3.6% of Nvidia's stock and has dozens of direct reports, underscoring the tight control he maintained over the company he co-founded.
US President Donald Trump had earlier called the Nvidia chief "an honourable guy", while congressional leaders called for investigations into national security risks.
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