Nvidia CEO Jensen Huang resigns amid spy scandal
Chief financial officer Colette Kress will serve as interim CEO while keeping her finance role, and the board will consider internal and external candidates for a permanent replacement
Nvidia CEO Jensen Huang resigned on November 12, 2026, amid allegations that he had extramarital affairs, including with a woman accused of spying for China. The controversy unfolded after Huang admitted to being unfaithful to his wife, though he did not disclose details about the alleged affair with a Chinese executive named Alice Huang.
Nvidia's board announced his resignation as president and CEO, effective immediately, with Colette Kress serving as interim CEO. The scandal sparked a 10% drop in Nvidia's stock price in premarket trading, following reports of a second affair involving an Nvidia employee. Huang, who co-founded the company and owns a significant stake, will no longer be on the board.
The allegations have heightened tensions between the United States and China, as Nvidia's chips are crucial to the AI race and the export of U.S. technology to China is subject to strict controls. Huang's ties to the Chinese market and his relationship with the alleged spy have further complicated matters.
Written by urgent.news from The Hindu - Sci-Tech's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
