Jensen Huang quits Nvidia the morning after a second affair report
57 Sources
[1]
The Jensen Huang scandal is hardly over
I was certain, until the story of Jensen Huang's second affair hit, that Huang was bulletproof. After all, why wouldn't he be? He's placed himself indispensably at the center of the AI industry and famously had no succession plan at Nvidia. In fact, he's the only CEO Nvidia has ever had. L'état
[2]
Markets and AI trade brace as Jensen Huang resigns as Nvidia CEO
This transcript was produced with AI technology that converts speech to text. The text is not always reviewed or edited by Reuters journalists and some errors may occur. Seeing Jensen Huang leave Nvidia would be extremely shocking. He is not just a company CEO, he is his co-founder, chief
[3]
Jensen Huang is gone. What happens to Nvidia now?
How the Nvidia spy scandal could backfire for Beijing, and what it tells us about AI, Trump, and export controls. Today, we're talking about the Jensen Huang scandal at Nvidia, which is developing so quickly that we had to do an emergency update of this intro minutes before publishing this
[4]
Jensen Huang's Nvidia exit casts shadow over Wall Street's $500 billion AI financing bet
* Jensen Huang has resigned as Nvidia president, CEO and board member, the company's board said Thursday. * The chip giant announced in August memorandums of understanding with six major financial firms aimed at mobilizing more than $500 billion for AI infrastructure. * Huang's departure could
[5]
What we know after Jensen Huang resigns as Nvidia's CEO
Nvidia CEO Jensen Huang has resigned from his top post at the chipmaker he co-founded, after reports of the tech titan's extramarital affairs came into the spotlight this week. One of those relationships has raised national security concerns. The New York Times reported that Huang had an affair
[6]
BBC Audio | World Business Report | Jensen Huang out at Nvidia
Nvidia names Colette Kress to replace Jensen Huang as CEO after the AI chips company co-founder accused of second extramarital affair. Wall Street investors sold off the tech stock heavily in early trading, wiping hundreds of millions dollars more off the company's value. Elsewhere we get
[7]
NVIDIA CEO Jensen Huang resigns amid mounting scandals
CFO Colette Kress has been appointed interim CEO as the board searches for a replacement. In a move that has seemed inevitable for the past few days, Jensen Huang has resigned as CEO of NVIDIA, according to a statement from the company. The decision was announced by NVIDIA's board of directors
[8]
Nvidia's interim CEO spent 13 years at Microsoft, far from the spotlight
Colette Kress, named Nvidia's interim CEO on Thursday after Jensen Huang's abrupt resignation, spent 13 years at Microsoft earlier in her career, including four as chief financial officer of the Redmond company's Server and Tools business. But to say she was under the radar would be an
[9]
Jensen Huang leaves Nvidia after taking the company to unprecedented heights
Nvidia has spent the last few years becoming one of the most powerful companies in the technology industry. And the man who built it, Jensen Huang, the leather-jacketed face of the AI boom, has just announced his resignation as President, CEO, and board member with immediate effect after 33 years
[10]
Read Nvidia's internal emails about the 'extraordinarily difficult period' ahead
Nvidia's board and interim CEO Colette Kress told employees they're ready to 'move forward together.' Jensen Huang resigned as CEO of Nvidia this morning, a company he co-founded in 1993. The decision came following the company's board opening an investigation into multiple extramarital affairs
[11]
Jensen Huang's exit from Nvidia raises critical questions about the future of AI
* Nvidia CEO Jensen Huang has been a singular figure in the development of the AI industry, which suddenly has to survive without him. * Huang founded Nvidia in 1993 and built it into the company that powered the AI boom, doing so with no second-in-command. * "How companies handle a crisis
[12]
NVIDIA's Longtime CEO, Jensen Huang, Resigns In Disgrace
NVIDIA's longtime CEO, Jensen Huang, has resigned following multiple affairs, including one with an alleged spy and a second with an executive who reported directly to him. It has been a whirlwind week for NVIDIA, one of the world's richest tech companies. Last Sunday, NVIDIA announced it was
[13]
Jensen Huang resigns: A timeline of the Nvidia affair
The AI boom has put chatbots at work, AI-generated videos in our feeds, and data centers on the agenda at town halls. Nvidia, a company that got its start making computer games look better, now supplies the chips that power much of the AI industry. That made Nvidia one of the world's most valuable
[14]
Jensen Huang was a busted flush at Nvidia - he had to go | Nils Pratley
CEO was viewed as 'irreplaceable', but recklessness of affair with a woman regarded by US officials as a Chinese spy made him a political liability Half the tech world made up its mind before the facts could be assessed properly. Jensen Huang was "irreplaceable", said the chorus at the start of
[15]
Jensen Huang built Nvidia into a $4 trillion AI giant but owned less than 4% of it, leaving him without the super-voting power to protect his CEO role
Jensen Huang, the billionaire ex-Nvidia CEO who took the company from a small player in the video game graphics industry to the chipmaker at the center of the AI revolution, once made a surprising revelation: He could be fired at any time. "In a well-governed company, the CEO was always designed
[16]
Jensen Huang steps down as Nvidia chief and the hunt for a new CEO begins
The man who built Nvidia into the heart of the AI boom is out, and the scandal around him is far from over. The speculation has finally turned into reality. Nvidia has just announced that its CEO, Jensen Huang, has resigned as the company's chief and is also leaving its board of directors. With
[17]
Jensen Huang Has Been Sacked by Nvidia. Elon Musk Says He'll Hire Him
It happened. Jensen Huang, after becoming the center of the tech scandal of the year, has resigned as CEO of Nvidia, the multitrillion dollar empire he founded. The scandal, and subsequent abdication, has tanked the AI chipmaker's stock -- but not Huang's standing among his fellow tech elites. In
[18]
'A Massive Mistake': Tech, AI and Crypto Founders React to Jensen Huang's Nvidia Exit
Claims of an anti-open-source conspiracy remain unproven, while Elon Musk said hiring Huang would be "an honor." Nvidia co-founder Jensen Huang is out as CEO after 33 years, and some of the loudest names in crypto and artificial intelligence think the company just made a spectacular mistake. On
[19]
What is next for Nvidia after Jensen Huang resigns?
The AI chip giant has no leader in waiting, may lose its voice in Washington, and has big bets in Europe that its founder championed in person For 33 years, it was almost impossible to separate Nvidia from Jensen Huang. The co-founder, always in his leather jacket, turned a company he started with
[20]
After Jensen Huang's resignation from Nvidia, it's all praise or political finger-wagging about the ex-CEO, with little in between
Welp, that's it, the face of Nvidia is no longer the face of Nvidia. Jensen Huang served as CEO of the company since it was founded over three decades ago, and now he's out, replaced by the new interim CEO Colette Kress, who was previously Chief Financial Officer (exactly what we predicted, by the
[21]
Timeline of a scandal: How Jensen Huang's abrupt resignation unfolded at Nvidia
Jensen Huang's departure from Nvidia caps a tumultuous week for the chipmaker, with his resignation coming less than a week after his extramarital relationship with a suspected Chinese spy became public. But the seeds for Huang's downfall were planted much earlier. The woman with whom he had a
[22]
Nvidia live updates: Jensen Huang is out as CEO
Jensen Huang officially resigned as Nvidia CEO on Thursday morning, a seismic event in the tech industry. Nvidia is one of the most valuable companies in the world, with a nearly $4 trillion valuation, and Huang was the company's original CEO and co-founder. The company's board of directors shared
[23]
Everything you wanted to know about Nvidia but were too afraid to ask
After Jensen Huang's sudden resignation, you might be wondering what Nvidia actually does and why its future matters for the tech industry. If you're not in the tech world, you might have been only vaguely aware of Nvidia -- and CEO Jensen Huang's leather jackets -- until Huang admitted to having
[24]
Jensen Huang has a 'rockstar' reputation in Taiwan. Will it survive now that he's out of Nvidia?
In Taiwan, Jensen Huang is more than a CEO. The Tainan-born Nvidia founder is a frequent visitor who dines with the island's tech elite and draws fans wherever he goes. On Thursday, Huang resigned from the top job at Nvidia after reports of two extramarital affairs, one with a woman U.S.
[25]
Breaking News: Jensen Huang Steps Down as Nvidia CEO; Colette Kress Named Interim CEO
Nvidia co-founder Jensen Huang has stepped down as chief executive after 33 years leading the company. Chief Financial Officer Colette Kress will serve as interim CEO while Nvidia's board searches for a permanent successor. Huang's departure follows reports about two alleged extramarital
[26]
Jensen Huang resigns as Nvidia CEO, Colette Kress named interim chief
Nvidia said on Thursday that Jensen Huang resigned as president, chief executive and director, and named Chief Financial Officer Colette Kress as interim CEO. Kress will retain her roles as executive vice president and chief financial officer while leading the company until a permanent successor
[27]
NVIDIA faces first CEO change in 33 years as Jensen Huang steps down amid extramarital affair scandal
The man behind NVIDIA's iconic leather jacket era steps down after 33 years, as the company names its first board chair and shares plunge. Jensen Huang is out as NVIDIA's CEO. The company's board announced Thursday that Huang has resigned as president, chief executive, and board member, effective
[28]
Who will succeed Jensen Huang as Nvidia's CEO? We asked Wall Street analysts.
Jensen Huang's abrupt resignation on Thursday as Nvidia's CEO leaves the chipmaker searching for a successor who can replace an executive synonymous with the artificial intelligence boom and who is credited with transforming the company into a $4 trillion behemoth. The board's announcement of
[29]
The Downfall of Jensen Huang and What's Next for Nvidia
Less than two weeks ago, billionaire Jensen Huang was a gainfully employed CEO whose personal life the general public knew very little about; today, he's out at Nvidia, the multi-trillion dollar company he cofounded in 1993, following revelations that he had an affair with (1) a woman accused of
[30]
Jensen Huang's Sudden Exit Sent Shockwaves Through the AI Bubble. Can An 'Affair Rally' Save the Day?
Nvidia founder and CEO Jensen Huang resigned Thursday morning after reports of another affair, this time with an executive at his company. The news surfaced just weeks after Huang was romantically linked with Alice Huang (no relation), an employee at the firm Megaspeed, which has faced allegations
[31]
The Internet Reacts To Nvidia CEO's Resignation - Kotaku
In what is likely the swiftest example of a CEO facing consequences in recent memory, the sartorially *ahem* adventurous Jensen Huang has resigned from Nvidia after the disclosure of multiple affairs including one with a woman alleged to have been a Chinese spy. Many reactions to his departure
[32]
What We Know After Jensen Huang Resigns as Nvidia's CEO
Nvidia CEO Jensen Huang has resigned from his top post at the chipmaker he co-founded, after reports of the tech titan's extramarital affairs came into the spotlight this week. One of those relationships has raised national security concerns. The New York Times reported that Huang had an affair
[33]
Warren says Huang's resignation 'does not absolve him,' Nvidia
Massachusetts Sen. Elizabeth Warren (D) said Thursday that Nvidia CEO Jensen Huang's resignation amid mounting controversy regarding his extramarital affairs including one with an alleged Chinese spy, "does not absolve him" or the company. "Jensen Huang's decision to resign from NVIDIA does not
[34]
The internet's best jokes about the Jensen Huang and Nvidia mess
The Nvidia "sexpionage" situation could do some damage to the AI boom. But the internet, of course, can't take anything seriously, as the scandal has become a wellspring of jokes and memes this week. CEO Jensen Huang acknowledged that he had an extramarital affair with a Singaporean tech
[35]
Jensen Huang resigns as Nvidia CEO, but a Billionaire says hiring him would be 'an honor'-here's who made the surprising offer
Elon Musk responded to a suggestion on X about hiring Nvidia CEO Jensen Huang during his challenging time. Reports indicate that Nvidia's board may discuss Huang's future soon amid rising scrutiny. Allegations about Huang's personal relationships have intensified calls for his resignation from
[36]
Global AI Stocks Pare Losses As Investors Assess Fallout Of Nvidia CEO's Resignation
Nov 12 (Reuters) - Global AI-linked stocks were trading lower after bouncing off their sessions lows on Thursday, as investors weighed the fallout of Nvidia CEO Jensen Huang's departure on the sector, which is already pressured by funding and regulatory concerns. Chief Financial Officer Colette
[37]
The Latest: Nvidia CEO Jensen Huang Resigns After His Affair Raises US Security Concerns
Nvidia CEO Jensen Huang has resigned after his extramarital affair with a Chinese businesswoman who reportedly was also acting as a spy for Beijing raised U.S. national security concerns Nvidia CEO Jensen Huang resigned Thursday after his extramarital affair with a Chinese businesswoman who
[38]
Warren Buffett Said 'We Can Afford to Lose Money' But Not 'Even a Shred of Reputation' -- Nvidia's Board J
Warren Buffett Said 'We Can Afford to Lose Money' But Not 'Even a Shred of Reputation' -- Nvidia's Board Just Showed What That Means With Jensen Huang's Exit On Sunday, Nvidia's Corp.'s . (NASDAQ:NVDA) board said it had confidence in its CEO. By Thursday, it had accepted his
[39]
Jensen Huang's Silicon Valley home cost $6.9 million in 2003; it included six bedrooms and a resort-style pool; here's what made it special
Much attention has also shifted to Jensen Huang's personal life and the properties he owned. His real estate investments date back to a time when Nvidia was still years away from its AI-driven rise. Huang and his wife, Lori Huang, bought the Los Altos Hills home in 2003 for $6.9 million. They have
[40]
Jim Cramer Says Jensen Huang's NVIDIA Exit 'Had to Happen' - NVIDIA (NASDAQ:NVDA)
NVIDIA Corp. (NASDAQ:NVDA) stock plunged Thursday after the company announced the immediate resignation of CEO Jensen Huang. NVIDIA named Chief Financial Officer Colette Kress as interim CEO and appointed Harvey C. Jones as its first board chair. The company has not set a timeline for naming a
[41]
Jensen Huang steps down as NVIDIA CEO after 33 years
NVIDIA's Board of Directors announced today that Jensen Huang has resigned as President, Chief Executive Officer, and member of the Board, effective immediately after 33 years. In the wake of Huang's departure, Colette Kress, NVIDIA's current Executive Vice President and Chief Financial Officer,
[42]
Nvidia CEO Jensen Huang resigns in big blow to AI boom
U.S. authorities have scrutinized Singapore-based cloud company Megaspeed over suspicions it helped China obtain advanced AI chips restricted under U.S. export controls; Beijing has denied Alice Huang was a spy. Nvidia CEO Jensen Huang has stepped down, leaving the artificial intelligence industry
[43]
'Jensen Huang didn't do anything without her': Why insiders say Colette Kress was Nvidia's quiet power centre
The company's board announced that Jensen Huang had resigned from three positions. Colette Kress, current Executive Vice President and Chief Financial Officer of NVIDIA, had agreed to serve as Interim Chief Executive Officer. It was said in an official press release that Jensen's contributions to
[44]
Nvidia CEO Jensen Huang Resigns -- CFO Collette Kress in as Interim CEO - NVIDIA (NASDAQ:NVDA)
NVIDIA Corp. (NASDAQ:NVDA) said Thursday Jensen Huang has resigned as president, chief executive officer and a member of the board, effective immediately. Huang co-founded the chipmaker and led it for 33 years, turning a graphics card business into one of the most important suppliers in the
[45]
Investors worry the AI trade might lose Nvidia's largesse after Huang
SINGAPORE -- As chip giant Nvidia's chief Jensen Huang stepped down on Thursday, investors' biggest fears were as much about the future of the multitrillion-dollar company as its ability and willingness to continue bankrolling the AI boom. Huang's exit is yet another pressure point on the global
[46]
Reaction roundup: Experts, analysts weigh in on Nvidia CEO Huang's departure By Investing.com
Investing.com -- Wall Street's focus on Thursday was squarely on a leadership crisis at Nvidia, after the poster child of the artificial intelligence industry announced the immediate resignation of top boss Jensen Huang. Nvidia's finance chief Colette Kress will take over as interim CEO while the
[47]
The man in the leather jacket is gone, but new risk haunts AI firms
Jensen Huang abruptly resigned as Nvidia CEO after 33 years following reports of extramarital affairs, including one with a suspected Chinese intelligence asset. CFO Colette Kress is interim CEO. Huang's exit exposes severe "key person risk" and geopolitical vulnerabilities across the AI industry,
[48]
Jensen Huang resigns as Nvidia CEO
HONG KONG -- Nvidia CEO Jensen Huang resigned Thursday after his extramarital affair raised national security concerns. The company named Colette Kress as interim CEO. She is the current executive vice president and chief financial officer. Huang faced growing calls to resign after his affair
[49]
Jensen Huang's shock exit leaves Nvidia facing its biggest test in 33 years By Investing.com
Investing.com -- Nvidia (NASDAQ: NVDA) shares plunged on Thursday after CEO Jensen Huang resigned with immediate effect, ending his 33-year tenure at the chipmaker as the company grapples with a growing governance crisis involving allegations of personal misconduct and potential national-security
[50]
Jensen Huang: What could be next professional life destination after Nvidia for 'Taylor Swift of tech'?
Jensen Huang has an estimated net worth of USD 145 billion. Former Nvidia CEO is often called the "Taylor Swift of tech". He is also known as the "Daddy Huang" in Taiwan. Jensen Huang on Thursday resigned as CEO of Nvidia after reports of twin extra-marital affairs of the Artificial Intelligence
[51]
Nvidia faces deepening scrutiny as CEO Huang resigns in big blow to AI boom
VIDEO SHOWS: TIMELINE OF EVENTS LEADING TO JENSEN HUANG STEPPING DOWN AS CEO/ SHOWS: The New York Times reported in October 2026 that US authorities had concluded a Chinese businesswoman with a close relationship to Nvidia CEO Jensen Huang was an intelligence asset who passed information to
[52]
Nvidia shares slide after Huang resignation rattles AI trade
VIDEO SHOWS: NVIDIA STOCK PRICE / NASDAQ OPENING BELL / NASDAQ COMPOSITE BOARD / NASDAQ EXTERIOR REFILING TO SHOW NVIDIA STOCK PRICE SHORTLY AFTER MARKET OPEN, REPLACING PREMARKET FIGURES IN THE ORIGINAL EDIT SHOWS: NEW YORK, NEW YORK, UNITED STATES (NOVEMBER 12, 2026) (NASDAQ - Access all) 1.
[53]
Jensen Huang's two alleged affairs trigger memes and speculation as he resigns as Nvidia CEO
Nvidia CEO Jensen Huang's alleged affairs have taken social media by storm, with users sharing memes and questioning the timing of the revelations. The controversy has taken a new turn with another report alleging that Huang had a second relationship, this time with a senior executive working under
[54]
Flowers laid at Nvidia HQ as CEO Huang steps down
STORY: :: Flowers laid at Nvidia's headquarters as CEO Jensen Huang steps down :: Santa Clara, California / November 12, 2026 :: Nvidia's chips underpin the AI boom, making the company central to the industry's growth story :: New York / November 12, 2026 :: Huang's exit shook investor
[55]
Not even a board seat: Jensen Huang walks away from every formal role at the company he founded in a Denny's booth
Nvidia's Jensen Huang resigned from his positions as president, chief executive officer and board member of the company on Thursday. Nvidia's Executive Vice President and Chief Financial Officer, Colette Kress, was appointed interim CEO. She has been tasked to lead the company until a permanent
[56]
Volatile trade as Nvidia CEO Jensen Huang resigns
(Alliance News) - Stocks in London ended a volatile session mixed on Thursday as brighter economic growth data was overshadowed by the resignation of Nvidia's boss Jensen Huang. The FTSE 100 index closed up 27.62 points, 0.3%, at 10,863.09, recovering after drifting into the red in the early
[57]
Nvidia: Colette Kress takes charge on interim basis, but who will really succeed Jensen Huang?
Jensen Huang's shock resignation, formalized Thursday, opens an unprecedented period for Nvidia. Chief Financial Officer Colette Kress is now serving as interim CEO, while the board searches for a permanent successor. Among the names being discussed, engineer Ian Buck appears to be a serious
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Jensen Huang resigned as Nvidia's CEO on November 12 after reports of a second affair. The stock fell hard, a $500 billion financing program is in question, and the chip-smuggling scandal underneath is still unfolding.
Jensen Huang resigned as president, CEO and board member of Nvidia on Thursday, effective immediately. He leaves after a 33-year run as the only chief executive the company has ever had
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Source: BNN
The announcement came on November 12. He co-founded the company in 1993, and the roughly $4-trillion chipmaker widely described as central to the AI boom is now without the man who ran it from the start
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.The morning after the second story
The resignation capped a two-week cascade: the first spy-affair report, Huang's November 8 apology email, the board's investigation announcement, then the second-affair story Wednesday night and an overnight board meeting
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. On November 8, Huang admitted in an email to employees that he had been unfaithful to his wife. Nvidia said the same day it was investigating whether a foreign intelligence service had targeted him9
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. The resignation came the morning after the New York Times revealed a second affair, this one with Nvidia vice president Kimberly Powell, one of his direct subordinates7
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. The company's statement gave no reason for the resignation and did not address either affair9
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. One columnist argues the second affair is a pretext and that the real driver was the Megaspeed spy and smuggling scandal1
.The market treated it as more than a personnel change. Shares dropped more than 13% in early trading before paring to about 5% down by midday
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. Per Reuters market commentary, Nvidia's leadership uncertainty moves the whole AI trade because the company sits at the center of investment sentiment2
. "The [b]oard has full confidence in Colette and the leadership team, and we expect the company's operations, customer commitments and product roadmap to continue without interruption," new board chair Harvey Jones said7
.Who runs it now, and the $500 billion question
Chief financial officer Colette Kress becomes interim CEO and keeps that role while the board searches for a permanent successor among internal and external candidates
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. The board's memo cited her 13 years as chief financial officer and her role in shaping Nvidia's growth and capital strategy10
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. She joined Nvidia in September 2013 after senior finance roles at Microsoft, Cisco and Texas Instruments5
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. Harvey C. Jones, a director and former Synopsys CEO, became Nvidia's first-ever board chair9
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. President Trump had his own idea, posting on Truth Social that "there is only one man to take his place - TIM COOK of Apple"7
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Source: ET
Money is the bigger worry. In August, Nvidia signed memorandums of understanding with six financial firms, including BlackRock and Goldman Sachs. The aim is to mobilize more than $500 billion for AI infrastructure, using Nvidia chips as collateral
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. The agreements are preliminary and subject to final terms4
. Per a Raymond James executive, Huang's personal push may have been what brought those lenders to the table4
. "I don't think the capital walks away, because these lenders are underwriting Nvidia's chips and the customer contracts behind them, but they could want to be paid more for the uncertainty," said Sunaina Sinha Haldea of Raymond James4
. Analysts warn lenders could demand tighter terms or slower commitments, and one strategist says it could set off a wider repricing of risk across AI, though he does not call it a financing crisis yet4
.Related Stories
The scandal underneath
The personal scandal likely sits on top of a substantive one. Alice Huang, a former Megaspeed executive (no relation to Jensen), was reportedly determined by US intelligence agencies to be feeding information to Beijing, an allegation China denies as unsubstantiated
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. Megaspeed, a Singapore-based customer and Nvidia's largest buyer in Southeast Asia, was reportedly accused last year of illicitly shipping advanced Nvidia chips into China and denied it3
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. Nvidia reportedly stepped in to halt a 2025 Commerce Department probe of the company, which was moved to the Justice Department and stalled there3
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. Short seller Culper Research claimed in May that over 20% of Nvidia's fiscal 2026 compute revenue was still China-driven, against Huang's public claim of zero percent market share under export controls1
. US intelligence flagged concerns about Alice Huang and Megaspeed to the Trump administration about a year before the scandal broke3
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. Asked whether he wished he had acted sooner, Trump said "I don't think so"5
.Nvidia's position is that it had no reason to believe national security or proprietary information were compromised, and Huang has said he saw no evidence of AI chip diversion
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. That has not quieted Washington. Lawmakers from both parties are calling for investigations, at least one shareholder lawsuit has been filed, and Elizabeth Warren, set to chair the Senate Banking Committee from January, could issue subpoenas3
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Source: The Hill
Kress has scheduled an all-hands company meeting for November 18, the day after Nvidia reports fiscal third-quarter results
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. The first public test comes Tuesday, when Nvidia reports earnings under Kress.References
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