Tech News
Nvidia CEO Jensen Huang resigns after affair reports
Nov 12, 2026 · Summarized by Fundy Tech from 2 sources
The 30-second version
Nvidia says Jensen Huang has resigned as president and CEO. Colette Kress will serve as interim CEO while the company looks for a permanent replacement.
Key points
- Huang also exits the board.
- The board accepted his resignation after a Wednesday meeting.
- Reports linked the situation to two affairs.
- Nvidia shares fell more than 10% in premarket trading.
Why it matters
Nvidia is a major force in the AI industry, so leadership changes can affect markets and business planning. The company’s direction matters for firms that buy its chips or build on its AI ecosystem.
Who’s affected: Nvidia investors, customers and the AI sector
What to do
- Watch for market and supplier updates.
- Review any Nvidia-dependent purchasing plans.
- Follow company guidance if you work with Nvidia products.
Original reporting
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