Jensen Huang, Nvidia’s ousted leader, was a unique rhetorical and financial booster for investments that are driving economic growth.
Nov 12, 2026
Nvidia stock took a sharp dive on Thursday, after longtime CEO Jensen Huang resigned amid reports he engaged in two extramarital affairs. The chipmaker’s stock fell to $148.80 per share after the opening bell, down 14.4 percent from closing on Wednesday. Nvidia stock later rebounded slightly, topping $162 per share, but it was down about...
Nvidia’s ousted leader was a rhetorical and financial booster for investments that are driving economic growth.
Chief financial officer Colette Kress in in charge of Nvidia for now, but several others are in the frame as potential successors.
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Ms. Kress, the company’s chief financial officer, joined Nvidia in 2013.
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Nvidia CEO Jensen Huang will step down from his role at the AI chip giant following explosive reports of two extramarital affairs, one of which involved an alleged Chinese spy. The company announced Thursday morning that Huang was resigning immediately and Colette Kress, executive vice president and chief financial officer of Nvidia, will take over...
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Nvidia Stock Plunges After Jensen Huang Resigns as CEO
What we know as Nvidia CEO Jensen Huang resigns over affair allegations