Nvidia Names Colette Kress Interim CEO After Jensen Huang Resigns
Santa Clara, US
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Source Analysis
What Happened
Key Implications
What Happened
Key Implications
Where Sources Disagree
- arrows_outputNvidia Stock Decline Reporting: Reports vary on the scale of Nvidia's stock decline following the CEO's resignation, with some outlets noting shares were down 5% by midday, while others report a steeper 10-12% drop during pre-market trading.
- arrows_outputNvidia Founding Year: Reports vary slightly regarding Nvidia’s founding date, with some sources citing 1993 while others list 1999.
- arrows_outputEarnings Report Timing: Reports differ slightly on the timing of Nvidia's upcoming earnings report, with some citing November 17 while others state it is scheduled for Tuesday.
Timeline
November 12, 2026
Huang resigns; Kress named interim CEO: On November 12, 2026, Nvidia announced Jensen Huang's immediate resignation amid reports of extramarital affairs and related investigations; the board appointed CFO Colette Kress as interim CEO, named Harvey C. Jones as the first-ever chairman, and the company's stock plunged in premarket and intraday trading.
November 08, 2026
Weekend apology and board probe: Following news reports about Huang's relationship with a former Megaspeed executive, Huang sent a Sunday email admitting he was unfaithful, while Nvidia said it had opened an independent inquiry into intelligence reports and had no current reason to believe company secrets were compromised.
December 01, 2025
Megaspeed probe and passport seizure: Singaporean and U.S. authorities investigated Megaspeed and questioned Alice Huang; Singaporean authorities reportedly confiscated her passport and probed possible diversion of Nvidia chips into China, though Megaspeed later said there was no evidence of illicit exports.
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Source Analysis
Timeline
November 12, 2026
Huang resigns; Kress named interim CEO: On November 12, 2026, Nvidia announced Jensen Huang's immediate resignation amid reports of extramarital affairs and related investigations; the board appointed CFO Colette Kress as interim CEO, named Harvey C. Jones as the first-ever chairman, and the company's stock plunged in premarket and intraday trading.
November 08, 2026
Weekend apology and board probe: Following news reports about Huang's relationship with a former Megaspeed executive, Huang sent a Sunday email admitting he was unfaithful, while Nvidia said it had opened an independent inquiry into intelligence reports and had no current reason to believe company secrets were compromised.
December 01, 2025
Megaspeed probe and passport seizure: Singaporean and U.S. authorities investigated Megaspeed and questioned Alice Huang; Singaporean authorities reportedly confiscated her passport and probed possible diversion of Nvidia chips into China, though Megaspeed later said there was no evidence of illicit exports.
