Nvidia's co-founder and CEO Jensen Huang has resigned immediately following reports of affairs with an alleged Chinese spy and a direct report. The company appointed CFO Colette Kress as interim CEO while searching for a permanent successor. Kress, with a strong finance background and over a decade at Nvidia, will lead the $3.8 trillion company through this transition. Nvidia is expected to share more about its future direction during its upcoming quarterly earnings report.
Nvidia shares trade at USD 164.44 on Pluang as of Nov 12, 2026, 22:52 WIB, down 5.34% in one day. The company holds a market cap of $4.20 trillion and sees 69% buy orders from investors. Typical hold time for NVDA on Pluang is 118 days, showing steady investor interest despite leadership changes.
Nvidia's CFO Colette Kress has been appointed interim CEO following Jensen Huang's resignation due to a scandal involving an alleged affair with a Chinese spy. Kress will maintain her roles as CFO and executive vice president while the company search...
Nvidia Corporation's stock dropped 33% following the resignation of CEO Jensen Huang due to a scandal involving an admitted affair with an alleged Chinese spy. Despite the leadership turmoil, the company maintains strong growth forecasts through fisc...
Nvidia CEO Jensen Huang, central to the company's success and the AI boom, was ousted, raising concerns about the future of the AI industry. Nvidia plays a key role in AI by providing chips and financing data center expansion, which supports U.S. eco...
Nvidia shares are falling amid reports that its board may remove CEO Jensen Huang. Despite this, the company’s strong AI roadmap, large order book, and competitive advantages suggest it is less reliant on Huang than feared. Analyst James Foord views ...
Nvidia's board is facing a critical decision on whether to keep or remove CEO Jensen Huang amid governance turmoil. Removing Huang could cause a sharp selloff and reduce Nvidia's valuation premium, while keeping him may bring ongoing regulatory and l...
