Jensen Huang Resigns as Nvidia CEO Amid Independent Probe Into Security and Conduct
The board said operations and customer commitments will continue without interruption as it searches for a permanent successor.
- On Thursday, November 12, 2026, Nvidia's board announced CEO Jensen Huang resigned as president, CEO, and board member effective immediately, appointing CFO Colette Kress as interim CEO and Harvey C. Jones as board chair.
- Directors launched an independent probe into whether Huang was targeted by foreign intelligence after reports of his relationship with Megaspeed executive Alice Huang, identified by U.S. intelligence as a Chinese asset, and a separate affair with a subordinate.
- Nvidia shares plummeted 10% in premarket trading Thursday, wiping out about $600 billion in market value this week as investors reacted to leadership uncertainty and potential disruption to the AI infrastructure boom.
- The company is initiating a search for a permanent CEO, considering internal and external candidates, while management confirmed third-quarter fiscal 2027 results will proceed as scheduled on November 17.
- Huang's exit leaves the $4 trillion company navigating an extraordinary transition without a clear successor, while analysts warn the departure could lead to greater regulation and political backlash surrounding artificial intelligence.
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Jensen Huang resigned as CEO of Nvidia after controversy over extramarital relations, one of them with a Chinese spy
The company doesn't have a clear succession plan.
A black leather jacket, crowds of fans and an open door to the most powerful politicians on the planet. Jensen Huang managed to turn chip sales into a spectacle and Nvidia into a company around which the boom in artificial intelligence revolves. Now he has resigned after the scandal. The question of who will take over the imaginary scepter after him is of interest to a much wider world than just computer manufacturers. Another direction for AI i…
Nvidia's Board of Directors reported that Jensen Huang was also leaving as president and administrator, with immediate effect.
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