Jensen Huang resigns as Nvidia CEO after reports of two affairs, ending a 33-year run
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Jensen Huang resigns as Nvidia CEO: Who could replace him?
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. Being the provider of chips that have underpinned this whole AI revolution is hard to underestimate. He's been known as a very
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Kalshi traders speculate Nvidia's Ian Buck will replace Huang as CEO
* Kalshi traders give Ian Buck, who oversees Nvidia's hyperscale and high performance computing business, a 35% chance of replacing Huang. The fresh odds come after Nvidia CEO and co-founder Jensen Huang resigned Thursday. * Huang admitted on Sunday to having an affair with a woman that U.S.
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Who after Jensen Huang? As he resigns, who is the new Nvidia CEO? Here's everyone from Colette Kress to Ian Buck and Rene Haas who could replace him
As Jensen Huang steps down as Nvidia CEO following two controversies involving his reported relationships with two women, the question is, "who will lead the AI chipmaker next?" Nvidia has named CFO Colette Kress as interim CEO, but who could get the job permanently? From Ian Buck to Rene Haas,
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Markets and AI trade brace as Jensen Huang resigns as Nvidia CEO
STORY: :: Markets brace as Jensen Huang resigns :: Danilo Masoni, Senior Correspondent :: Milan, Italy / November 12, 2026 "Seeing Jensen Huang leave Nvidia would be extremely shocking. He is not just a company CEO, he is his co-founder, chief strategist, chief salesman and the public face of
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Jensen Huang resigns as Nvidia CEO: Who could replace him?
STORY: :: Nvidia CEO Jensen Huang resigns: who could replace him? :: Ken Li, Global Industry Editor, Technology "Being the provider of chips that have underpinned this whole AI revolution is hard to underestimate. He's been known as a very hands-on manager. He has dozens, up to like 60 direct
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Who is Colette Kress, Nvidia's interim CEO? Longtime exec takes top spot after Jensen Huang resigns
CHICAGO (AP) -- With Jensen Huang's resignation on Thursday, Nvidia is bringing longtime tech executive Colette Kress into the role of interim CEO. Kress first joined the California-based chipmaker back in 2013. She's served as Nvidia's executive vice president and CFO ever since -- and will now
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Opinion | The Nvidia scandal is about more than sex and spies
Jensen Huang's resignation on Thursday as Nvidia's chief executive, following revelations of extramarital affairs with a subordinate and another with an alleged Chinese spy, is so much more than a sex scandal. The saga spotlights big gaps in America's chip export controls and the excessive
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Who is Colette Kress? Meet Nvidia's interim CEO
It's official: Jensen Huang is no longer the CEO of Nvidia. His personal affairs, including one with potential security risks, have caused the Nvidia board to push him out of the company he helped start. Stepping into the role as interim CEO is Colette Kress, who previously held the role of
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What we know about Colette Kress, Nvidia's interim CEO
Why it matters: Kress takes over as Nvidia's shares plunge and investors question whether the AI chip giant can maintain its momentum without Huang, the only CEO it has ever known. State of play: Kress will serve as acting CEO until a permanent replacement is named. She will also continue as
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Nvidia CEO Jensen Huang steps down
One of your browser extensions seems to be blocking the video player from loading. To watch this content, you may need to disable it on this site. Nvidia CEO Jensen Huang resigned Thursday after his extramarital affair raised national security concerns, in a spectacular downfall for the longtime
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How Nvidia got into this mess: timeline of Jensen Huang scandal and geopolitics leading up to it
We're hearing a lot more about this now, but this story didn't totally begin with Jensen's admission of an affair. Nvidia is the talk of the world right now. The company's co-founder Jensen Huang has been ousted from the company, following claims of multiple affairs: one said to be with a
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ASX to fall; Nvidia shares plunge on Huang exit; Wall St steady
Anthropic's plans for a record initial public offering are under fresh scrutiny after Nvidia's chief executive was unexpectedly ousted, highlighting the links between the two artificial intelligence giants. The AI chipmaker has agreed to buy about $US10 billion ($14.7 billion) worth of shares in
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Nvidia's Jensen Huang, AI godfather brought down by spy scandal
New York (AFP) - Chips designed by Nvidia push the boundaries of artificial intelligence, and its leather-jacket-wearing leader Jensen Huang built the company into one of the world's most important brands over his 33 years at the helm. Unknown to the public just four years ago, the 63-year-old
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Trump says Apple's Tim Cook should replace Jensen Huang as Nvidia CEO
WASHINGTON - President Donald Trump said Tim Cook, executive chairman of Apple, should become the new president and CEO of Nvidia after Jensen Huang's resignation. Trump proposed the idea in his first public statement on the departure of Huang, who resigned from Nvidia after mounting scrutiny amid
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He's no longer Nvidia's CEO, so does Jensen Huang still have to face Congress on November 18?
Nvidia's CEO Jensen Huang has received an invitation to a closed-door briefing with US lawmakers regarding his ties with Alice Huang. This meeting, scheduled for November 18 following Nvidia's earnings call, raises concerns over national security, particularly about technology access by China.
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Who is Colette Kress? 5 Things to Know About New Nvidia CEO - NVIDIA (NASDAQ:NVDA)
NVIDIA Corporation (NASDAQ:NVDA) is looking for a permanent successor after Jensen Huang's resignation from the company he helped create in 1993. In the interim, current executive vice president and CFO Colette Kress is CEO. Here are five things you may not know about Kress. Tech Nvidia Q2
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Before Nvidia, Kimberly Powell was an engineering intern in radiology tech; How she built an 18-year career in AI healthcare, now in the spotlight after Jensen Huang report
Kimberly Powell did not begin her career in AI drug discovery. She started as an engineering intern, working with radiologists and medical imaging technology. That experience eventually brought her to Nvidia, where she spent 18 years building its healthcare business. Now, a report about her alleged
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Who is Colette Kress, Nvidia's interim CEO?
Nvidia said over the weekend it was investigating whether Huang was the target of a foreign intelligence effort, while China's Foreign Ministry dismissed the spying allegations. CHICAGO -- With Jensen Huang's resignation on Thursday, Nvidia is bringing longtime tech executive Colette Kress into
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Trump floats ex-Apple CEO Tim Cook to succeed Jensen Huang at Nvidia: 'Legend replaces a legend!'
WASHINGTON -- President Trump floated former Apple CEO Tim Cook as a possible successor to Jensen Huang at Nvidia Thursday -- hours after Huang resigned as CEO of the leading artificial intelligence technology company following the exposure of extramarital affairs with a suspected Chinese spy as
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Jensen Huang has resigned as Nvidia CEO after reports of two affairs, ending a 33-year run. Finance chief Colette Kress takes over as the board searches for a successor.
Jensen Huang, co-founder and until this week chief executive of Nvidia, resigned on Thursday, November 12, after reports of two affairs, ending his 33-year run at the company he started in 1993
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. His exit removes the CEO of the dominant AI chipmaker.
Source: ET
How the exit came about
On Sunday, Huang admitted in a message to employees that he had been unfaithful to his wife, said sorry to his family and colleagues, and told the board he would help with its investigation
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. The investigation concerned his relationship with Alice Huang, a businesswoman whom US authorities reportedly identified as a Chinese intelligence asset, in a case tied to suspected efforts to help Chinese businesses obtain restricted Nvidia AI chips3
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. Those intelligence allegations remain unproven, and Nvidia's board said it had no reason to believe national security or corporate secrets were compromised3
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Source: ET
On Wednesday, the New York Times reported a second affair, this time with Kimberly Powell, an Nvidia vice president for healthcare who worked directly under Huang, citing five people who had worked at the company
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. The board met late that night to decide whether to oust him2
. He resigned the next day.Who runs Nvidia next
Finance chief Colette Kress takes over as interim CEO while the board searches for a permanent replacement
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. She has held the finance job since September 2013, after senior roles at Cisco, Microsoft and Texas Instruments. Wall Street knows her well from Nvidia's earnings calls3
. Per Reuters, Nvidia's annual revenue grew from $4.13 billion when she arrived to $215.9 billion in fiscal 20263
.The field beyond her is wide open. Traders on the prediction market Kalshi give Ian Buck a 35% chance of becoming the next permanent CEO, with Kress at 29%
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. Buck, a vice president who joined Nvidia in 2004, created CUDA, the software platform described as one of Nvidia's most important business moats1
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. He now leads the hyperscale and high-performance computing business serving major data-centre customers1
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. Analysts flag that Buck, an Nvidia employee since 2004, lacks a public profile1
. Another name is Arm CEO Rene Haas, a longtime former Nvidia employee who has run the company since 2022; Arm is a significant Nvidia partner, which could complicate matters3
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. The discussion also takes in 32-year Nvidia veteran Jeff Fisher, co-founder Chris Malachowsky and Apple hardware chief Johny Srouji3
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. None has been confirmed as a candidate or offered the job3
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Source: Reuters
Per Reuters' Ken Li, Huang's management style explains why replacing him is hard
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. He ran the company hands-on, with up to about 60 direct reports and a habit of engaging with engineering detail in client meetings1
. "Like Steve Jobs was to Apple if Apple underpinned the entire global economy," Li said1
.Related Stories
The market's verdict
Nvidia shares fell as much as 14.4% and were down a little more than 7% in recent trading after the news
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. Reuters' Danilo Masoni said investors' main task is telling a governance problem from a business one4
. Nvidia's Blackwell roadmap, software ecosystem and order book have not changed: "The risk is governance disruption, not an overnight collapse in the company's business"4
. Masoni noted that Nvidia sits at the heart of the AI investment boom, so leadership uncertainty weighs on sentiment across the sector4
. The hit to the wider AI trade may be temporary if investors see this as a leadership question rather than a challenge to Nvidia's technology4
.Investors are assessing whether new leadership can maintain the pace of innovation and expansion Huang oversaw
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. The next scheduled test comes on November 17, when Nvidia reports earnings and has forecast third-quarter revenue of $108 billion, plus or minus 2%3
. As Masoni put it, "The key question is whether Nvidia can prove its advantages extend beyond one man"4
.References
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