Nvidia CEO Jensen Huang Resigns Amid Allegations
In a major corporate shake-up, Nvidia co-founder and CEO Jensen Huang resigned effective immediately on November 12, 2026. The announcement followed reports of multiple extramarital affairs, including an alleged relationship with a woman suspected by U.S. intelligence of being a Chinese spy. Nvidia’s board accepted his resignation, and the company’s stock fell more than 4% that day.
Colette Kress, Nvidia’s Executive Vice President and Chief Financial Officer, will serve as interim CEO. Kress joined the company in September 2013 and will retain her CFO responsibilities while the board searches for a permanent successor, considering both internal and external candidates. Nvidia also appointed Harvey C. Jones as its first-ever Chair of the Board.
Huang co-founded Nvidia in 1993 and led the company through its rise as a dominant force in AI chip manufacturing. His departure has raised questions about the company’s leadership and created uncertainty for its partners and customers. Nvidia is scheduled to report its Q3 fiscal 2027 financial results on November 17, 2026, while the search for a permanent CEO continues.
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