Reports: Nvidia CEO Jensen Huang Resigns Amid Allegations
Jensen Huang has resigned as president and CEO of Nvidia (NASDAQ: NVDA), effective immediately, according to the company’s November 12, 2026 announcement. Huang co-founded Nvidia 33 years ago and led its growth into a major AI chipmaker.
The resignation comes amid scrutiny over alleged extramarital affairs, including one involving a woman alleged to have been recruited by China’s Ministry of State Security to gather intelligence on Nvidia’s AI chips. These are allegations, not established findings.
Nvidia’s CFO and Executive Vice President, Colette Kress, has been named interim CEO while retaining her financial responsibilities. The board also appointed Harvey C. Jones as its first chair and began searching for a permanent CEO.
According to the article, Nvidia shares fell more than 13% in early Thursday trading before closing down approximately 4.34%. The company is also facing reported FBI investigations, U.S. congressional probes, and a shareholder class-action lawsuit. Nvidia is scheduled to report its third-quarter fiscal 2027 earnings on November 17.
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