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Nvidia CEO Jensen Huang has resigned following reports of two affairs, including one with a woman suspected of being a Chinese spy. The departure on Thursday, November 12, 2026, led to a 4 percent drop in Nvidia's stock, with CFO Colette Kress stepping in as interim CEO. The event follows a period of scrutiny and public criticism, raising national security concerns.
Colette Kress, Nvidia's veteran CFO, has been appointed interim CEO following Jensen Huang's resignation. Huang stepped down amid a scandal involving an alleged affair with a suspected Chinese intelligence asset. Kress, known for her financial acumen and deep understanding of Nvidia's business, is seen as a logical choice to lead the company during this pivotal transition.
Nvidia CEO and co-founder Jensen Huang has resigned, effective immediately, following reports of two extramarital affairs: one with an alleged Chinese spy and another with a subordinate executive. CFO Colette Kress has been appointed interim CEO as the board initiates a search for a permanent replacement. Huang's departure marks the end of a 33-year tenure at the helm of the AI chip giant.
