Tech · November 11, 2026
Nvidia's Jensen Huang resigns, chipmaker names CFO Colette Kress as interim CEO
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Jensen Huang has resigned as president and chief executive of Nvidia following his admission of a romantic affair with an alleged Chinese spy. The Nvidia board accepted his resignation on Wednesday. In response, the company appointed current Chief Financial Officer and Executive Vice President Colette Kress to serve as interim CEO while retaining her CFO role. The news triggered a significant decline in Nvidia's stock, which fell as much as 19% since the previous Friday, erasing over $855 billion in market capitalization. Huang, who founded the company in 1993, leaves amid what has been described as a U.S. national security crisis.
Read the original coverage
- MSNBCMainstream
Wednesday’s Mini-Report, 11.11.26
Read at MSNBC ↗ - Financial TimesFinancial
Nvidia shares tumble on Huang exit
Read at Financial Times ↗ - TechCrunchTrade
Nvidia's Jensen Huang resigns, chipmaker names CFO Colette Kress as interim CEO | TechCrunch
Read at TechCrunch ↗
Reported by only some outlets
- Jensen Huang resigned as Nvidia CEO and president on Wednesday (TechCrunch, Financial Times)
- CFO Colette Kress was named interim CEO (TechCrunch)
- Nvidia shares fell nearly 12% in early morning trading on Thursday (TechCrunch, Financial Times)
- Huang admitted to an affair with an alleged Chinese spy (TechCrunch)
- Huang founded Nvidia in 1993 (TechCrunch)
Industry-friendly coverage frames it as…
emphasize the significant market cap loss of $855 billion and the transition to a long-serving CFO to maintain stability
Skeptical / consumer coverage frames it as…
highlight the resignation as a consequence of a 'national security crisis' involving an alleged foreign agent
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CadNews does not determine absolute truth or endorse political viewpoints. It compares publicly available reporting, identifies shared facts, highlights framing differences, and flags uncertainty.