Shocking!!! Jensen Huang officially resigned as Nvidia’s president, CEO, and board member on November 12, 2026, effective immediately!
This is the first CEO change since the company was founded in 1993. The board announced that CFO Colette Kress would serve as interim CEO while continuing as CFO, and that it would begin a formal CEO search, considering both internal and external candidates.
Longtime board member and former Synopsys CEO Harvey C. Jones was also appointed as the board’s first chair.
The immediate trigger was a series of scandals: Huang admitted to having an affair with a woman named Huang Le, who had worked at Singapore data center company Megaspeed and was suspected by U.S. intelligence agencies of having ties to the MSS. He was later also alleged to have had an affair with Kimberly Powell, a healthcare business VP who reported to him.
The board had already launched an independent investigation. Market and governance pressures escalated rapidly, ultimately ending in his resignation.
The share price plunged (at one point falling more than 10%–14% before and after the market opened), the company’s market capitalization fell below $4 trillion, and the single-day loss in market value was record-breaking, dragging down AI-related stocks across the board.
Analysts broadly lowered their price targets or ratings. Their main concerns were the realization of key-person risk and the possibility that geopolitical factors could disrupt the pace of investment in the ecosystem.
The company stressed that operations, customer commitments, and product roadmaps would continue without interruption, and that it would release its fiscal 2027 third-quarter results and hold its earnings call as scheduled on November 17.
So I’ve been thinking about what’s next for Nvidia.
In the short term, Kress will take the reins as interim CEO, providing continuity in financial management and investor communications.
She joined in 2013 and witnessed and helped drive the enormous transformation from gaming GPUs to AI data centers. She is a familiar voice on Wall Street.
The priority is to reassure customers, partners, developers, and shareholders, while advancing the company’s leadership in accelerated computing and AI.
$NVDA #黄仁勋辞任CEO，英伟达战略走向受关注
This is the first CEO change since the company was founded in 1993. The board announced that CFO Colette Kress would serve as interim CEO while continuing as CFO, and that it would begin a formal CEO search, considering both internal and external candidates.
Longtime board member and former Synopsys CEO Harvey C. Jones was also appointed as the board’s first chair.
The immediate trigger was a series of scandals: Huang admitted to having an affair with a woman named Huang Le, who had worked at Singapore data center company Megaspeed and was suspected by U.S. intelligence agencies of having ties to the MSS. He was later also alleged to have had an affair with Kimberly Powell, a healthcare business VP who reported to him.
The board had already launched an independent investigation. Market and governance pressures escalated rapidly, ultimately ending in his resignation.
The share price plunged (at one point falling more than 10%–14% before and after the market opened), the company’s market capitalization fell below $4 trillion, and the single-day loss in market value was record-breaking, dragging down AI-related stocks across the board.
Analysts broadly lowered their price targets or ratings. Their main concerns were the realization of key-person risk and the possibility that geopolitical factors could disrupt the pace of investment in the ecosystem.
The company stressed that operations, customer commitments, and product roadmaps would continue without interruption, and that it would release its fiscal 2027 third-quarter results and hold its earnings call as scheduled on November 17.
So I’ve been thinking about what’s next for Nvidia.
In the short term, Kress will take the reins as interim CEO, providing continuity in financial management and investor communications.
She joined in 2013 and witnessed and helped drive the enormous transformation from gaming GPUs to AI data centers. She is a familiar voice on Wall Street.
The priority is to reassure customers, partners, developers, and shareholders, while advancing the company’s leadership in accelerated computing and AI.
$NVDA #黄仁勋辞任CEO，英伟达战略走向受关注
