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Trump had urged Jensen Huang to fight for his job: report

The company said the finance chief will lead while the board searches for a permanent successor after Huang’s resignation and a scandal that erased billions in market value.

  • Nvidia CEO Jensen Huang is stepping down following scrutiny over his personal life, with Chief Financial Officer Colette Kress assuming interim leadership while the board searches for a permanent successor.
  • The board launched an investigation Sunday into Huang's relationship with Alice Huang, a businesswoman US authorities suspect of spying for China; Nvidia has lost about US$300 billion in market value since.
  • President Donald Trump called Huang on Tuesday, urging the executive to fight for his job, and previously stated he had "done an amazing job for our country," the New York Times reported.
  • Kress stated the company will "continue advancing the work that has made Nvidia a leader in accelerated computing," as Huang's departure creates uncertainty for the AI ecosystem he helped bankroll.
  • Nvidia is scheduled to present third-quarter fiscal 2027 financial results on November 17, a key test as the company navigates the leadership transition and US chip export policy uncertainties.
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70 Articles

Left

Jensen Huang, the CEO of Nvidia, the company with the greatest value in the world, resigned because of two extramarital relationships. Not only that: one of the two would have involved an alleged Chinese spy. It is not clear if and on what technological secrets China has put its hands on. But just the thought to make America tremble. And also Donald Trump defends it. by Lorenzo Santucci

·Italy
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Left

It has been reported that U.S. President Donald Trump personally called former Nvidia CEO Jensen Huang, who is facing a resignation crisis over an extramarital affair with Chinese businesswoman Alice Huang suspected of ties to Chinese intelligence agencies, and encouraged him to fight to the end to keep his position. The New York Times reported on the 12th (local time)

Lean Left

DONALD Trump encouraged the head of Nvidia not to step down because of the spy scandal, but Jensen Huang stepped down from the head of the technology giant anyway.

·Zagreb, Croatia
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The Independent broke the news in London, United Kingdom on Thursday, November 12, 2026.
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