Nvidia employees call for Jensen Huang's return after his resignation
34 Sources
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'Broken and shattered' Nvidia CEO Jensen Huang surrendered during resignation meeting, report claims -- thousands of employees rally, calling for reinstatement on internal forum
Former Nvidia CEO Jensen Huang has reportedly called himself "a piece of sh**" as he left the company he built over 33 years. Bloomberg reports that the co-founder, known for his legendary energy and outgoing demeanor, surrendered and looked "broken and shattered" during the board meeting where he
[2]
COMMENTARY: Morning Bid: AI's no good, very bad week
Nov 13 (Reuters) - There is never a good time for one of the world's wealthiest men and biggest AI boosters to become ensnared in a scandal involving an affair with a potential Chinese spy, but this was a particularly bad time. Ousted Nvidia CEO Jensen Huang's shocking downfall came following one
[3]
What's ahead for AI financing after Nvidia CEO Jensen Huang departs
* Jensen Huang's resignation as Nvidia CEO raises questions about the company's role in AI financing. * Investors are watching whether a leadership change alters Nvidia's role in backing AI companies. * Smaller AI infrastructure companies may be more sensitive to any pullback in Nvidia's
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A Scorecard for Huang's Exit From Nvidia
The ouster of Jensen Huang from the chipmaker he helped found is reverberating throughout Silicon Valley, Washington and beyond. Andrew here. The Nvidia soap opera continues. The Wall Street Journal reports that Jensen Huang belittled Colette Kress, then the chipmaker's C.F.O. and now his interim
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Apple, Alphabet and Uber survived major founder transitions. Nvidia will be a harder test
* Jensen Huang's sudden resignation leaves Nvidia facing an unusually difficult transition after losing its founder CEO. * Companies like Apple, Alphabet and Uber have prospered after losing high-profile leaders, but those transitions were generally less abrupt. * Nvidia's next permanent CEO will
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After the Fall
Don't have "personal relationships" with people who work for you. That's just one of the lessons Jensen Huang learned this week as scandal swallowed him whole and led him to resign yesterday as the chief executive of Nvidia, the chip supernova he co-founded 33 years ago. It's bad enough to have an
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Nvidia CFO Colette Kress takes over as interim CEO -- but the succession question remains
Good morning. Nvidia is the latest Fortune 500 company to name its CFO interim CEO. The AI giant appointed CFO Colette Kress interim CEO, replacing Jensen Huang, the company's co-founder and longtime leader, who resigned Thursday after admitting to an affair that raised national security concerns.
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Jensen Huang scandal casts doubt on Nvidia's AI dominance -- how we got here
Nvidia is facing one the biggest crises in its 33 year history, with founder Jensen Huang resigning as CEO Thursday after multiple reported affairs, including one with a woman alleged to be a Chinese spy. Now CFO Colette Kress has taken the helm as Nvidia's interim CEO. The implications of Huang's
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Ex-Nvidia CEO Jensen Huang allegedly had an 'intimate relationship' with a second Nvidia employee, according to reports
The report is based on information from "two people familiar with the matter." Ex-Nvidia CEO Jensen Huang allegedly had an "intimate relationship" with a second Nvidia employee, according to Reuters. This new allegation comes after Huang's resignation yesterday, following his admission of an
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Life after Jensen: What Nvidia's shakeup means for private AI
This time last week, AI without Jensen Huang seemed impossible. Today, that's the world we live in. Granted, it'll have been less than (or about) 24 hours into that new world by the time you're reading this, and there's so much we don't know about what a Jensen-less AI landscape looks like. One
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Nvidia needs new front man to stay on top after Huang's ousting, experts say
Jensen Huang spent 33 years at the helm of Nvidia, co-founding the AI infrastructure company in 1993 and shaping it into one of the biggest companies in the world. On Nov. 12, his reign came to an end when he resigned in the wake of mounting pressure over his extramarital affair with an alleged
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Fortune Tech: The hunt for the next Nvidia CEO begins
Nvidia shares fell by as much as 10% Thursday after cofounder and CEO Jensen Huang resigned. (CFO Colette Kress will step into the job on an interim basis.) For those keeping score at home, the value of the Silicon Valley chipmaker has fallen by almost a quarter -- that is, $1.7 trillion -- in the
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Nvidia's Jensen Huang steps down, interim CEO appointed as stocks plummet
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. CFO Colette Kress has stepped up as interim CEO. Huang admitted to an affair with an executive at Singapore tech firm MegaSpeed, Alice Huang, who is suspected
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Out as CEO, but not out of Nvidia: Jensen Huang's family trusts still hold about 800 million shares as NVDA stock crashes 13%
Jensen Huang's Nvidia stake: Jensen Huang is out as Nvidia CEO, but his family's financial ties to the chipmaker remain strong. Trusts co-owned by Huang and his wife hold about 800 million Nvidia shares, worth billions of dollars. His sudden exit has sent NVDA stock down 13%. Its stock was already
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SemiAnalysis Suspects US Intelligence Role in Jensen Huang Exit - NVIDIA (NASDAQ:NVDA)
Jensen Huang's sudden departure from Nvidia Corp. (NASDAQ:NVDA) may have been about more than his personal scandal. Semiconductor research firm SemiAnalysis suspects US intelligence officials helped push him out to clear the way for tougher restrictions on China's access to American AI
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1,600 NVIDIA Employees Call for Jensen Huang's Return After Resignation
NVIDIA's leadership transition has triggered an unusual internal response, with an employee suggestion-box post reportedly attracting more than 1,600 comments, many expressing support for Jensen Huang and calling for his return as CEO. The development highlights the continued backing Huang commands
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Stock Market Today (Nov. 13, 2026): Nasdaq futures fall after Nvidia CEO resigns
This live blog is refreshed throughout the day with the latest updates from the market. To find the latest Stock Market Today threads, click here. Happy Friday. Stock futures were mixed as investors looked to recover from Thursday's losing session, which saw Nvidia shares tumble following the
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Does Nvidia need a new logo as well as a new CEO?
After Jensen Huang's resignation, maybe it's time for the company to finally rebrand. Today, the Nvidia logo is recognised not only by dedicated gamers and creatives interested in the best graphics cards for video editing. The company's stock performance has turned it into a household name, while
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Reuters exclusive: Former Nvidia CEO Huang had a relationship with a second employee, sources say
SAN FRANCISCO - Ousted Nvidia CEO Jensen Huang had an intimate relationship with a second employee, according to two people familiar with the matter, Reuters has learned. The revelation follows two other extramarital affairs that led to his resignation Thursday. The two women are Alice Huang, who
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NVIDIA Stock Under Pressure as Jensen Huang's Exit Raises Concerns
NVIDIA shares face fresh pressure following Jensen Huang's reported exit, with investors assessing leadership uncertainty, AI demand, and upcoming earnings. CFO Colette Kress has taken over as interim CEO. NVIDIA's board appointed Chief Financial Officer Colette Kress as interim CEO while it
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Wall Street looks beyond Nvidia's turmoil
Just as markets started to fall in love again with AI, Jensen Huang's surprise resignation as Nvidia CEO and Nebius' disappointing financial outlook once again reignited concerns about the artificial intelligence industry. However, indices moved back into positive territory this morning thanks to
[22]
AI's no good, very bad week
Nov 13 (Reuters) - There is never a good time for one of the world's wealthiest men and biggest AI boosters to become ensnared in a scandal involving an affair with a potential Chinese spy, but this was a particularly bad time. Ousted Nvidia CEO Jensen Huang's shocking downfall came following one
[23]
Jensen Huang was reckless with the environment, too
Under cofounder Jensen Huang, Nvidia has become the engine for the AI boom -- and one of the tech industry's biggest environmental liabilities. Its sought-after chips have triggered a new wave of water- and chemical-intensive factories, drained power grids from inside massive data centers, and set
[24]
Jensen Huang Lost His Job. Wall Street Lost Its Biggest Prize.
The ousted Nvidia chief executive was the consummate dealmaker leading the trillion-dollar A.I. build out. With Jensen Huang's abrupt ouster from Nvidia, Wall Street has lost its most powerful and profitable dealmaker. As Mr. Huang built Nvidia from a regional chipmaker into the world's largest
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Silicon Valley Start-Ups Face a Future Without Jensen Huang's Money
Mr. Huang championed start-ups, with Nvidia holding $48 billion worth of stakes in 229 private companies, including OpenAI and Anthropic, at the end of July. For years, Jensen Huang was a frequent presence at Silicon Valley start-up events, networking with founders, judging pitch competitions and
[26]
Jensen Huang is out. An AI expert explains what his exit could mean for the AI boom
A suspected intelligence scandal, reports of multiple extramarital affairs and the abrupt departure of one of Silicon Valley's most influential CEOs. It's been a dizzying week for Nvidia and the AI industry. Jensen Huang helped bankroll the AI boom. Now, after 33 years at the helm of the leading
[27]
Nvidia's interim CEO inherits risky AI bets and a legal mess
A suspected intelligence scandal, reports of multiple extramarital affairs and the abrupt departure of one of Silicon Valley's most influential CEOs. It's been a dizzying week for Nvidia and the AI industry. Jensen Huang helped bankroll the AI boom. Now, after 33 years at the helm of the leading
[28]
Nvidia scandal: How close was ex-CEO to Trump?
US lawmakers have called Jensen Huang to face their questions in December after the Nvidia ex-CEO quit over extramarital affairs, including one with a suspected Chinese spy. The Taiwanese-born businessman was a close informal adviser to President Donald Trump on AI and had spent years lobbying
[29]
Nvidia CEO Jensen Huang's abrupt departure shakes AI industry's foundations
Honeypot or not, the Chinese executive/accused spy with whom Nvidia CEO Jensen Huang admitted an affair this week should have been a flashing red light to him. So should fraternizing with one of your own VPs -- and reportedly another employee too! In the end, all that, and maybe more to come, was
[30]
Jensen Huang's resignation from Nvidia won't end his problems with Congress
Lawmakers still want answers about the former Nvidia CEO's relationship with a suspected Chinese spy. Jensen Huang may be out at Nvidia, but the questions surrounding his relationship with a suspected Chinese spy -- and what it might have meant for American national security -- are only growing
[31]
One Nvidia employee turned small salary deductions into $62 million. Another lost a fortune worth nearly $1 billion
Jensen Huang's departure as Nvidia CEO marks a major leadership transition for the chipmaker, with CFO Colette Kress taking over as interim CEO. As the company prepares for a new chapter, two stories about former employees highlight the fortunes created by its rise. One mid-level employee
[32]
How Jensen Huang reportedly unraveled during his last hours at Nvidia: 'I'm a piece of s--t'
Nvidia CEO Jensen Huang's bravado had evaporated this week by the time it became clear his scandalous affairs including one with an alleged Chinese spy would cost him his job -- and he chastised himself as a "piece of s-t," according to reports. On Wednesday, in his final hours in charge of the
[33]
Ousted CEO Huang Faces Intense Questioning and Possible Legal Jeopardy Over Transfer of Nvidia's AI Secrets to China | The New York Sun
The founder and former CEO of what had been America's biggest company in market value may have gotten ahead of one investigation with his forced resignation from Nvidia, but his possible legal troubles are just beginning. The board of Nvidia had been about to investigate the role of Jensen Huang,
[34]
Singapore-based billionaire investor Leo KoGuan says no further investment in Nvidia after Jensen Huang's resignation
Leo KoGuan, a billionaire investor based in Singapore, has said he will not raise his stake in Nvidia after Jensen Huang resigned as the chipmaker's CEO. KoGuan, who has invested around $1.3 billion in Nvidia, said in a text message quoted by Bloomberg on Friday: "No further investment without
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Jensen Huang's resignation over admitted affairs leaves Nvidia without a succession plan. The scandal reaches chip smuggling, credit markets and Congress.
Jensen Huang resigned as chief executive of Nvidia on Thursday after admitting to multiple extramarital affairs, including one with a woman US intelligence believes is a Chinese spy
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. The founder led the company for 33 years and had said he intended to run it for decades more; his sudden exit leaves the chipmaker most identified with the AI boom without a permanent leader or a publicly disclosed succession plan8
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Source: BNN
How two weeks ended a 33-year run
Rumors about the relationship circulated from late October, and Nvidia initially denied anything beyond normal customer contact
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. Then, according to reports, the company's general counsel confronted Huang at his house; he confessed, apologized, and the board formed an independent investigative committee1
.The woman at the center of the espionage concern is Alice Huang, no relation, a Megaspeed executive
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. Her Singapore-based cloud company is accused of moving at least $7.5 billion of Nvidia's advanced chips to China, and is under investigation over whether restricted chips were diverted to Chinese companies2
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. Her husband, businessman Kang Wei, reportedly introduced the two2
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. The relationship dates to 2023, per the NYT. Nvidia was then redesigning chips to comply with the first strict US export controls on China sales, a policy Huang had long lobbied to loosen6
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.US intelligence believes she was a spy, but the allegation is unsettled. Nvidia's board says it has no reason to believe US security or company secrets were breached, and Megaspeed denies wrongdoing
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. Some intelligence officials have not yet concluded she was a spy2
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. Researchers are examining whether her web of companies touched Huawei or DeepSeek, both restricted Chinese firms; that link is only a possibility under examination4
.The security concern is not what ended Huang. Reuters, citing two people familiar with the matter, reports Huang also had affairs with Kimberly Powell, a vice president who worked under him, and a second unnamed Nvidia employee
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. The subordinate relationship is what reportedly pushed the board to act9
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.Employees have not turned on Huang. More than 1,600 comments on internal forums, most calling for his reinstatement, followed the resignation, and Bloomberg reported Huang appeared "broken and shattered" at the meeting where he stepped down
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. "If you believe in the mission, bring back THE boss," one employee wrote1
.The market flinched; the market held
Nvidia shares fell as much as 14% on Thursday before recovering much of the loss, and the stock has shed nearly $2 trillion in just over a month
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. Nvidia's crisis barely touched the broader market, where US stocks sit only about 3% below their record high, cushioned by investors rotating into defensive sectors2
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. The asymmetry reflects Nvidia's reach. It supplies something like 90% of the world's AI chips, per the NYT, and also acts as a bank to the AI build-out6
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Source: Market Screener
The financing worry centers on Nvidia and predates the resignation. Investors were already concerned about AI debt, with tech bond yields up and credit-default swap spreads wider
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. Nvidia had $36 billion in off-balance-sheet backstops for smaller cloud providers as of its July filing3
. PitchBook's tally puts its reported 2026 investment in US AI at $189 billion, the largest corporate backer of the build-out10
. Goldman Sachs' James Schneider said Nvidia will likely fulfill existing commitments but may find new multi-party deals harder to negotiate at the same scale3
. CreditSights' Andy Li expects Nvidia's circular financing to moderate3
. CoreWeave, the most Nvidia-dependent of the smaller cloud providers, saw a results-driven bounce on Tuesday reverse sharply by Thursday2
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. Its 9.75% 2031 bond yielded 14.75% on Friday, and its credit-default swap spread sits above 1,000, a level generally read as a sign of distress2
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. "Nvidia is not one person," CoreWeave CEO Michael Intrator said, predicting the partnership continues3
. One venture investor was blunter, warning that neoclouds dependent on Nvidia's bankrolling could be "really screwed"10
. Rivals saw an opening in Nvidia's distress, with Broadcom and Advanced Micro Devices jumping 5% on Thursday4
.Washington wants answers
The Senate Banking Committee has called Huang and Commerce Secretary Howard Lutnick to testify in the coming weeks over the national-security concerns, or face subpoenas
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. Reuters reports senior White House officials are discussing whether to push Lutnick out for failing to restrict chip sales to China more aggressively2
. Trump said Monday he was "amazed" by the revelations, but the NYT reports he had previously been briefed on the relationship and the spying concerns2
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. Trump also publicly urged Huang to fight for his job, suggesting Tim Cook as a successor: "A Legend replaces a Legend!"6
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The succession nobody planned
CFO Colette Kress, 13 years as CFO through revenue growth from $4.13 billion to $130.5 billion, takes over as interim CEO while keeping the finance role
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. Harvey Jones becomes board chair7
. The Wall Street Journal says Huang belittled her, and The Information reports his children, all Nvidia executives, have clashed with her, a wrinkle for the interim arrangement4
. Recruiters call Kress, at Nvidia since 2013, the right interim choice but expect the board to seek a technologist for the permanent job7
. Experts tell CNBC the handover is harder than past founder exits at Apple, Alphabet or Uber because it was sudden and unplanned5
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Source: Fortune
Nvidia reports earnings on Tuesday, the same week Anthropic's IPO is set to price at a targeted $1.4 trillion valuation
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