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Nvidia CFO Colette Kress named interim CEO after Jensen Huang resigns amid scandal

Market News
12 Nov 2026, 17:42 WIB
New York Post
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Neutral
Nvidia CFO Colette Kress named interim CEO after Jensen Huang resigns amid scandal

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 searches for a permanent CEO. She has been with Nvidia since 2013 and is credited with helping lead the company's growth. The board expressed full confidence in her ability to guide Nvidia through this crisis and continue advancing its leadership in AI and accelerated computing.

Nvidia's stock price on Pluang is currently USD 164.12, down 5.53% as of Nov 12, 2026, 22:51 WIB. The company holds a market cap of $4.20 trillion on the platform. Despite recent leadership changes, Pluang investors show a 69% buy order activity for NVDA shares at this time.

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