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Colette Kress stories

Nov 12, 2026

Jensen Huang resigns as Nvidia CEO amid spy affair scandal

Jensen Huang resigned as Nvidia CEO after the board met to decide his fate following revelations of multiple extramarital affairs, including one with a woman US officials believe to be a Chinese spy. CFO Colette Kress will serve as interim CEO.

Nov 12, 2026·2 sources

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Top claims

▪The Nvidia board of directors issued a statement formally thanking Jensen Huang for his immeasurable contributions to Nvidia and the technology industry, describing Nvidia as a consequential technology company
▪Nvidia chief financial officer Colette Kress was appointed to serve as interim chief executive officer
▪Nvidia's stock price dropped by 9 percent in early trading on November 12, 2026 following news of Jensen Huang's resignation

Topics

AI bubble Suspected Chinese spy close to Jensen Huang National security Corporate governance AI Industry Wall Street

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