Jensen Huang, who led Nvidia from gaming graphics to the center of the AI boom, had to resign after more than three decades as chief executive. This page follows who leads Nvidia next, where the company is headed and what happens to the companies it funded.
UpdatedNext update 4 a.m. PTAll times Pacific
Next CEO
Kress, interim
Colette Kress keeps the CFO role while the board searches for a permanent CEO.
Strategy
Continuity pledged
The board expects operations, customer commitments and the product roadmap to continue without interruption.
Nvidia's bets
Open
Nvidia's obligations to other firms are estimated at $400 billion, including support for chip buyers.
The stock
Down 7% Thursday
Nvidia shares fell 7 percent on Nov. 12; third-quarter results are due Nov. 17.
Kang Wei knew Jensen Huang through gaming investments before introducing him to Alice Huang. Their business history runs from a Shanghai fund and a contested regulatory penalty to a Singapore cloud company with billions in assets. Now Singapore has released the dates and findings of its investigation, while Megaspeed promises an outside review of its chips. The accounts leave important distinctions between personal access, business control and what investigators can establish.
Colette Kress, Nvidia's CFO since 2013, is interim CEO after Jensen Huang resigned. A portrait of the finance chief and the names in the race to succeed him, from Ian Buck and Lisa Su to Johny Srouji and Trump's pick, Tim Cook.
Jensen Huang resigned as Nvidia CEO after five days of AI-made mockery. From the Coldplay kiss cam to Shaggy's "It Wasn't Me," here are the ten clips that spread furthest, with the videos.
Jensen Huang resigned as Nvidia CEO on Nov. 12 after two affairs, one with an executive U.S. intelligence officials believe worked for China. Finance chief Colette Kress is interim CEO and Harvey Jones becomes the board's first chair. The shares fell more than 13% at the open, five days before earnings, and the board has not said what its investigation found.
Jensen Huang resigned Thursday as Nvidia's CEO and left its board, effective immediately, after affairs with a suspected Chinese spy and a subordinate. CFO Colette Kress becomes interim CEO and Harvey Jones the first board chair. Shares fell as much as 14% at Thursday's open, and the board has no named successor days before Nvidia reports third-quarter results on Tuesday, Nov. 17.
Trump approved action against suspected Nvidia chip diversion three times. Commerce Secretary Howard Lutnick has held it up, and Megaspeed is still not blacklisted.
The FBI warned about Chinese espionage in Silicon Valley for a decade. The Jensen Huang affair lands as its counterintelligence squads run short-staffed.
Nvidia's directors are preparing to remove Jensen Huang after another affair became public. In December 2025, Megaspeed imported 50,000 more Nvidia chips than Nvidia tallied in its data centers. Removing Huang would settle the affairs but leave open what he knew about those chips and whether Trump keeps shielding him as the export inquiry continues.
Nvidia's board met Nov. 11 to decide whether Jensen Huang stays as chief executive after five people who worked at the company described an extramarital relationship with an executive who reports to him. Shares fell about 8% after hours. Directors who backed Huang on Sunday had announced no decision.
Nvidia's board is preparing to oust CEO Jensen Huang after two extramarital affairs, one with a Megaspeed executive U.S. officials believe works for Chinese intelligence and one with a senior Nvidia executive. Shares fell about 8% after hours Wednesday. No decision had been announced, and Nvidia has no named successor.
CoreWeave's third-quarter revenue rose 168% to $3.66 billion and its revenue backlog reached $132.5 billion. The AI cloud company raised its 2026 revenue forecast to $13.0 billion to $13.3 billion while carrying almost $47 billion in debt, and its finance chief said it does not intend to issue additional parent-level unsecured debt at current yields.
Nvidia's board opened an independent investigation after reports that CEO Jensen Huang was the target of a foreign intelligence effort. Huang told employees he was unfaithful to his wife; U.S. officials concluded Megaspeed executive Alice Huang, whose company bought more than $4.8 billion in chips, was gathering intelligence for Beijing. The board sees no sign secrets were compromised. Congress wants answers by Nov. 18.
Three House Republican committee leaders asked Nvidia CEO Jensen Huang to sit for a closed-door briefing on his relationship with a tech executive reportedly identified as a Chinese intelligence asset.
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