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Nvidia CEO Jensen Huang has resigned

Nvidia CEO Jensen Huang has resigned after admitting to two extramarital affairs, one involving a woman US authorities believe was a Chinese spy. CFO Colette Kress will serve as interim CEO. Nvidia shares dropped over 10 percent in pre-market trading, wiping more than $400 billion in market capitalization.

Background

Jensen Huang co-founded Nvidia in 1993 and led it to become the dominant force in AI semiconductors, making it the world's most valuable company. His departure represents an unprecedented leadership crisis for the chipmaker central to the global AI infrastructure boom.

Source
Ars Technica
Published
Nov 12, 2026 at 10:05 PM
Score
9.0 / 10