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Nvidia CEO Jensen Huang resigns amid scandal, shares drop and Bitcoin dips below $73K

Market News
12 Nov 2026, 16:09 WIB
Crypto news
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Bearish
Nvidia CEO Jensen Huang resigns amid scandal, shares drop and Bitcoin dips below $73K

Nvidia CEO Jensen Huang resigned immediately after 33 years amid a leadership scandal involving extramarital affairs and national security concerns. CFO Colette Kress was named interim CEO as the company reassures investors it will maintain operations and meet upcoming earnings targets. The scandal caused Nvidia shares to fall over 8%, while Bitcoin dropped below $73,000 amid broader tech market weakness and crypto selling pressure. The leadership change raises questions about Nvidia's future AI commitments and potential impacts on Bitcoin miners expanding into AI computing.

Nvidia CEO Jensen Huang's resignation is notable context for readers following cryptocurrency markets. For readers following cryptocurrencies, here is Pluang's market snapshot as of Nov 12, 2026 20:32 WIB: Out of 50 major cryptocurrencies, 6 rose and 43 fell today. ZIL (Zilliqa) traded at Rp27 with a 1-day change of -4.37%, XTZ (Tezos) was at Rp4,217 down 4.33%, and LTC (Litecoin) stood at Rp884,659 with a 1-day change of -3.83%.

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