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Reading: Nvidia Ceo Jensen Huang Resigns, Effective Immediately
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Nvidia Ceo Jensen Huang Resigns, Effective Immediately

Newsroom
Last updated: November 12, 2026 3:54 pm
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Published November 12, 2026
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The founder and Chief Executive Officer of Nvidia, Jensen Huang, has resigned from his position after 33 years of leading the global technology company, following growing controversy surrounding his personal relationships and alleged national security concerns.

Nvidia’s Board of Directors announced Huang’s immediate resignation on Thursday, November 12, 2026, confirming that he had stepped down as president, chief executive officer and a member of the company’s board.

The announcement comes days after reports emerged about Huang’s alleged extramarital relationships, including one involving a woman suspected by United States intelligence officials of having links to Chinese intelligence operations.

The controversy has also raised concerns about possible breaches of national security and the alleged movement of restricted artificial intelligence chips to China. Reports have linked the woman, identified as Alice Huang, to Megaspeed International, a Singapore-based company facing scrutiny over alleged illegal shipments of advanced Nvidia chips to China.

The allegations have reportedly prompted an independent investigation by Nvidia’s board to determine whether Huang was targeted by a foreign intelligence operation and whether sensitive company information or national security interests were compromised.

Huang had earlier acknowledged being unfaithful to his wife in a message to employees, apologising to his family and colleagues and accepting responsibility for his actions. He also pledged to cooperate fully with the independent investigation into the national security concerns.

Following his departure, Nvidia’s Executive Vice President and Chief Financial Officer, Colette Kress, has been appointed interim Chief Executive Officer. She will retain her position as CFO while overseeing the company until a permanent successor is appointed.

Kress, who joined Nvidia in September 2013, has played a significant role in managing the company’s financial operations during its remarkable expansion in the artificial intelligence and semiconductor industries. Before joining Nvidia, she spent nearly 25 years working in finance positions at major technology companies, including Cisco and Microsoft.

Meanwhile, the company’s board has commenced the search for a substantive chief executive, with both internal and external candidates expected to be considered. Harvey C. Jones has also been appointed as the first-ever chairman of Nvidia’s board.

Despite the leadership shake-up, the company has expressed confidence in its existing management team, assuring shareholders, customers and business partners that its operations, customer commitments and product development plans will continue without interruption.

Huang co-founded Nvidia in 1993 and transformed it from a graphics processing company into one of the world’s most influential technology firms. Its chips have become essential to the development of artificial intelligence systems, data centres and advanced computing technologies.

 

His resignation marks a major turning point for the company, which has become a central player in the global race for artificial intelligence dominance.

READ ALSO: Nvidia Board Weighs Whether to Remove CEO Jensen Huang as Shares Slide Over Illicit Affair Reports

The circumstances surrounding his departure, particularly the ongoing investigation and allegations of foreign intelligence involvement, are expected to remain under close scrutiny as Nvidia begins a new chapter without its longtime leader.

TAGGED:#NvidiaFOREIGNINVESTIGATIONRESIGNATION
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