Nvidia CEO Jensen Huang has resigned from his position following a meeting of the company's board. The departure comes amid reports that Huang had a second affair involving a company executive. The resignation follows an earlier admission by Huang regarding an affair with a suspected Chinese spy.
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Nvidia CEO Jensen Huang resigns
Nvidia CEO Jensen Huang has resigned amid reports of a second affair with a company executive. The announcement came after a board meeting. Nvidia’s shares have fallen sharply since Huang admitted an affair with a suspected Chinese spy.
Published On 12 Nov 2026
The chipmaker's board forced out its co-founder following multiple personal misconduct allegations, including alleged affairs and an investigation into ties with a suspected Chinese spy. Longtime finance executive Colette Kress must now stabilize investor confidence and prevent talent loss at the artificial intelligence titan. The dramatic exit abruptly concludes decades of single-leader dominance and brings severe personal and professional fallout for the former chief executive.
Automotive manufacturers face a looming 10% duty on electric vehicles traded across the English Channel starting on 1 January unless local battery content rules are postponed. Regional supply chains remain critically unprepared after several European gigafactory projects collapsed, forcing ongoing reliance on Asian component suppliers. A multi-year reprieve aims to shield automakers from billions in trade penalties while domestic battery manufacturing capacity scales up.
The chipmaker's market valuation dropped to roughly $4 trillion this week following the executive's sudden departure amid serious misconduct allegations. This abrupt leadership vacuum concludes a three-decade tenure that transitioned the Silicon Valley enterprise from gaming hardware into the foundation of global artificial intelligence. The sudden shakeup leaves the tech giant navigating severe reputational fallout at the height of its commercial influence.