Jensen Huang resigns as Nvidia CEO after scandal over his private life

TechnologyInternationalLos Angeles TimesNov 13, 2026, 5:42 PMAI summary

Jensen Huang resigned as Nvidia's chief executive after a series of reports about extramarital relationships and his ties to a woman identified by federal officials as an alleged Chinese spy. Shares fell 14% early in the session and closed with losses of about 4%. The board named Colette Kress, until now chief financial officer, as interim CEO, and appointed Harvey C. Jones as the company's first chairman. The company plans to report earnings on Tuesday.

In 40 seconds

Huang resigned after reports about an affair and his ties to an alleged Chinese spy; the board said it is investigating the allegations.
Nvidia shares fell 14% early in the session and closed with losses of around 4%.
Colette Kress, CFO since 2013, takes over as interim CEO; the board will consider internal and external candidates.

Read the full story at Los Angeles Times

IASummary generated by artificial intelligence from a story by Los Angeles Times. It may contain errors: the original source prevails.

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Jensen Huang resigns as Nvidia CEO after scandal over his private life

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Keep reading

US orders closure of its airports for "security reasons" after drones detected at a UK base

EU leaders debate in Dublin how to accelerate artificial intelligence development

Dian seized 100 drones in Cartagena bound for a company in Candelaria, Valle

Supreme Court to analyze employment, mental health and artificial intelligence challenges at National Ordinary Labor Jurisdiction Meeting