Nvidia CEO Jensen Huang was ousted after admitting to an affair with a woman suspected by the U.S. government of being a Chinese spy and linked to a company smuggling Nvidia chips to China. This scandal raises serious national security concerns and damages Nvidia's reputation amid geopolitical tensions. Huang was a key advocate for open AI models and AI industry security, and his departure leaves a leadership void as Nvidia seeks a new CEO. The controversy also threatens Nvidia's financial strategies and ongoing AI initiatives, with lawmakers likely to investigate further.
Nvidia's stock price on Pluang dropped 5.10% to USD 164.87 as of Nov 12, 2026 23:41 WIB, reflecting investor reaction to the CEO's sudden ouster. Despite the turmoil, Nvidia maintains a massive market cap of $4.20 trillion and a strong enterprise value of $4.17 trillion. The platform shows a majority of 69% buy orders against 31% sell, indicating continued interest in the stock amid the leadership uncertainty.
Jensen Huang, Nvidia's CEO for 33 years and one of America's wealthiest individuals, resigned following revelations of his affair with a woman identified as a Chinese spy and another affair with an Nvidia executive. Huang and his wife co-founded a $9...
Following Nvidia CEO Jensen Huang's resignation, former U.S. President Donald Trump proposed Tim Cook, Apple's Executive Chairman and former CEO, as a potential successor. Cook, who led Apple for 15 years before stepping down in September 2026, is pr...
Nvidia's stock has fallen more than 25% and is now approaching a critical support level near $165. If this support breaks, the stock could drop further toward $140. Nvidia's performance heavily influences the S&P 500 due to its large index weighting,...
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'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, w...
