Jensen Huang Resigns as Nvidia CEO Amid China Spy Scandal
Nvidia co-founder and chief executive Jensen Huang stepped down Thursday, ending a stunning fall for the face of the A.I. boom. U.S. intelligence agencies concluded one of his extramarital partners was spying for China, and he also had an affair with an executive who reported to him. CFO Colette Kress takes over as interim CEO while Nvidia shares slid as much as 14 percent.
- Original source: nytimes.com.
- The source published it on Nov 12, 2026 at 8:51 PM.
- No second outlet has reported it yet. Treat it as a single-source claim.
Jensen Huang resigned as Nvidia's chief executive on Thursday, capping the swift and stunning collapse of one of the most powerful figures in the A.I. boom. The co-founder had extramarital affairs with a woman U.S. intelligence agencies concluded was spying for China, and with an executive who reported to him.
Colette Kress, Nvidia's chief financial officer, will serve as interim chief executive while the company searches for a permanent replacement.
The market reacted hard. Nvidia shares dropped as much as 14 percent, extending a decline that has wiped out more than $1 trillion from its market capitalization over the last month.
Huang's exit lands at a delicate moment for the chipmaker, whose rise made him one of the defining executives of the artificial intelligence era.
TopicsNvidia · Jensen Huang · Colette Kress
Source: nytimes.com
Written by Paparazzi with AI. Not financial advice.