Nvidia CEO Jensen Huang resigns in disgrace
Ahead of Nvidia's board of directors voting to remove him from office, and in the wake of controversy, CEO and founder Jensen Huang has announced his resignation. Jensen Huang speaking at an Nvidia event in October 2026 - image credit: Nvidia. Nvidia's board had continued to back Huang after the initial news of his affair with a suspected Chinese spy. But that changed after a second affair was…
Nvidia's CEO and founder, Jensen Huang, has announced his resignation following controversy surrounding his affair with a suspected Chinese spy. The company's board initially supported Huang despite the initial news, but their stance changed after a second affair was revealed. This led to a significant drop in Nvidia's market valuation by over $800 billion.
On November 11, 2026, the board held a meeting to discuss the issue, though no specifics were disclosed at the time. Resignation is required by a majority of the board, which consists of 11 members, so the decision was not unanimous. Huang will be succeeded by an interim CEO, with Colette Kress, the current CFO, reportedly the frontrunner for the temporary position.
The appointment of a permanent CEO may take time, but there have been rumors that Apple's Apple Silicon development chief, Johny Srouji, could be in the running. If Srouji were to accept, it would mean Apple losing a key figure in its development.
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