Jensen Huang resigns as CEO of #HuangExitNvidiaStrategyInFocus NVIDIA, and Colette Kress will assume the role on an interim basis.

#HuangExitNvidiaStrategyInFocus Jensen Huang stepped down as chairman and CEO of $NVDAB NVIDIA after more than 30 years at the helm of the company he co-founded in 1993. His resignation takes effect immediately and includes his departure from the board of directors.

Taking her place temporarily will be Colette Kress, who has served as NVIDIA’s chief financial officer (CFO) since 2013. The company will evaluate internal and external candidates to find its next CEO.

Huang’s departure comes amid controversy surrounding reports of his extramarital relationships and an investigation into alleged ties to a Chinese foreign intelligence operation.

$NVDAB NVIDIA reached a record valuation of US$5.78 trillion in October 2026. By November 11, it had fallen to US$4.19 trillion, a drop of approximately 27.5% from its peak. Meanwhile, stock market reports indicate that its value has fallen by 7%–10% (as of 10:20 a.m. today).