Nvidia CEO Jensen Huang Resigns; CFO Takes Over Temporarily

Nvidia CEO Jensen Huang has resigned. The company announced on November 12 that CFO Colette Kress will serve as interim CEO while it searches for a permanent successor. Board member Harvey Jones has been appointed chair, and Huang will also leave the board.

Jensen Huang attends a press conference in Paris, France, on October 13, 2026.（VietVance）

Huang co-founded Nvidia and owns about 3.61% of the company. After news of his resignation broke, Nvidia shares fell more than 10% in U.S. premarket trading. The succession of leadership changes has left the chipmaker, valued at about $4 trillion, facing uncertainty over its succession plans and business execution.

Earlier, Nvidia’s board announced an independent investigation into Huang’s relationship with Alice Huang. Alice Huang is a Chinese citizen and an executive at Singapore-based technology company Megaspeed. In a January 8 letter to employees, Jensen Huang acknowledged being unfaithful to his wife and said he would cooperate with the company’s independent investigation.

Huang has long been involved in Nvidia’s partnerships with cloud service providers, suppliers and artificial intelligence research institutions. Reuters said his departure could affect those partnerships and U.S. chip export policy; the specific effects will depend on the company’s succession plans and subsequent execution.

Source: VietVance