5 Questions For…CNBC’s Carl Quintanilla on NVIDIA’s CEO Shocking Departure
Colette Kress will lead Nvidia as interim CEO while the board searches for a permanent replacement after Huang’s abrupt resignation.
- On Thursday, Nvidia CEO Jensen Huang resigned effective immediately amid reports of multiple extramarital affairs, including one with an alleged Chinese spy. Executive Vice President and Chief Financial Officer Colette Kress will serve as interim CEO while the board searches for a permanent successor.
- Huang, who led Nvidia for 33 years, leaves behind a significant presence in Israel where the company employs roughly 6,000 people. This footprint grew following the $6.9 billion acquisition of Israeli chipmaker Mellanox in 2020.
- Investors have lost nearly $2 trillion in market value following the resignation. Despite the turmoil, the company continues to design the backbone of artificial intelligence, though rivals including AMD, Broadcom, and Google are ready to compete for market share.
- Potential permanent successors include Nvidia Chief Technology Officer Michael Kagan and Apple Chief Hardware Officer Johny Srouji, both Israeli-born, Technion-educated executives. Neither has been named as an official candidate by the company.
- Questions remain about the planned multibillion-dollar research campus in Kiryat Tivon, designed for up to 10,000 employees, with construction scheduled to begin in 2027. While Huang apologized for the relationship raising national security concerns, Beijing has denied the espionage allegations.
23 Articles
23 Articles
Jensen Huang's resignation raises questions about Nvidia's Israel presence
Nvidia CEO Jensen Huang’s abrupt resignation on Thursday — amid revelations of affairs including with a woman suspected by U.S. intelligence officials of spying for China — has raised questions about the potential impact on the technology giant’s extensive footprint in Israel, where it employs roughly 6,000 people and operates its largest research and development...
In less than 15 days, accusations of espionage, infidelities and investigations led Jensen Huang to renounce Nvidia's leadership
From a migrant to a leader of the technological revolution: the story of Jensen Huang. Born in Taiwan and transferred to the United States as a child, the founder and CEO of NVIDIA transformed a small company created in 1993 into one of the world giants of semiconductors and artificial intelligence. His trajectory reflects the rise of computing, video games, mobile computing and AI. However, his figure is now surrounded by controversy over an al…
Key news items from VOA's "Today's Focus" on November 12, 2026 include: Rubio's phone call with Wang Yi, drawing attention to the US-China-Russia trilateral summit; Jensen Huang's resignation as CEO of Nvidia after multiple extramarital affairs were exposed; President Trump stated that former Apple CEO Tim Cook is the best successor; the US envoy met with Putin and then traveled to Dublin to meet with Zelensky; a Chinese university on the US bla…
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