Jensen Huang resigns as Nvidia CEO; shares plunge 14 per cent

Jensen Huang has resigned as president, chief executive officer and board member of the AI chip giant Nvidia with immediate effect, the firm announced on Thursday, amid media reports of his alleged extramarital affairs. The company’s executive vice-president and chief financial officer, Colette Kress, will take over as Nvidia’s interim CEO, according to the statement, while continuing in both her current roles. Nvidia shares fell over 14 per cent to US$148.82 as markets opened in the United...

Source: South China Morning Post - Tech, published 2026-11-12. The summary is the Hub's own; the full story is at the source. Report a rights or accuracy concern