Jensen Huang resigns as Nvidia CEO over extramarital affair; congressional investigation into successor selection begins

1. 01:09
   X@GrumpyNews_· Discussion

   **Nvidia’s board forced out its founder-CEO over affairs and a suspected spy link, then major investors and a 130k-sign…(opens the original post in a new tab)
2. 00:49
   CNBC · Technology

   Bessent calls for a "major shake-up" at Nvidia, urging that an outsider be brought in as CEO

   Bessent calls for a "major shake-up" at Nvidia, with an outsider as CEO. He also criticized the department led by Howard Lutnick over suspected chip flows into China, while defending President Trump's handling of the matter.

3. 00:32
   WebBloomberg Technology· Media coverage

   House Chairman Says Huang Agrees to Testify But No Date Set Yet(opens the original post in a new tab)

1. 23:55
   WebWSJ Technology· Media coverage

   Jensen Huang’s Downfall(opens the original post in a new tab)
2. 23:50
   WebCNA · Technology· Media coverage

   Bessent says Nvidia must 'go outside the company' to find new CEO(opens the original post in a new tab)
3. 23:50
   WebTechmeme· Media coverage

   Scott Bessent urges Nvidia to hire an outside CEO and wants answers within 10 days on whether it pushed "seemingly illicit" chip sales to China to boost revenue (Tony Czuczka/Bloomberg)(opens the original post in a new tab)
4. 23:35
   X@julesprv_· Discussion

   nvidia change de patron. et la même semaine, un modèle open source proche de la frontière sort avec un guide d'hébergem…(opens the original post in a new tab)
5. 23:18
   X@XiZnping· Discussion

   🚨🇺🇸 NVIDIA'S BIGGEST BACKERS WANT JENSEN HUANG BACK! Two major investors holding over $2 BILLION in Nvidia shares are…(opens the original post in a new tab)
6. 23:16
   WebBloomberg Technology· Media coverage

   Bessent Says Nvidia Needs ‘Dramatic Shakeup’ With Huang Out(opens the original post in a new tab)
7. 22:56
   WebBBC News · Technology· Media coverage

   Suspected China spy linked to Nvidia's ex-boss left in 2025, Megaspeed says(opens the original post in a new tab)
8. 22:16
   X@JimHansonDC· Discussion

   Jensen Huang is certainly under attack by many forces. But when you add Sec Treasury, War and State questioning his m…(opens the original post in a new tab)
9. 22:01
   X@web3rayxy· Discussion

   The fallout from Jensen Huang's resignation is still unfolding, and a petition for his reinstatement has already appeared: can Nvidia really do without him? 👀 On November 12, Nvidia officially announced that Jensen Huang was resigning as CEO, with CFO Colette Kress temporarily taking over. Unexpectedly, after the announcement was released, a petition demanding Jensen Huang's reinstatement quickly appeared online, with signatories…(opens the original post in a new tab)
10. 22:00
    WebSouth China Morning Post · Tech· Media coverage

    Could Jensen Huang make a comeback? Musk, other tech heavyweights pressure Nvidia board(opens the original post in a new tab)
11. 21:54
    X@petroscephas· Discussion

    Jensen Huang RESIGNS - Carlos Ghosn Reacts to NVIDIA Stock Plunge https://t.co/iSmS9ayyGF Jensen Huang has resigned a…(opens the original post in a new tab)
12. 21:45
    X@GetCrossCheck· Discussion

    What Jensen Huang and Nvidia Knew? While there is no public smoking gun proving Jensen Huang personally orchestrated i…(opens the original post in a new tab)
13. 21:43
    X@mylifeonmystyle· Discussion

    🚨 Jensen Huang reinstatement petition surpasses 135,000 signatures! Major shareholders begin pressuring the board. Still completely useless. As of the early hours of November 15, the "Stand with Jensen" petition reached 135,468 signatures, of which those self-identifying as: • current Nvidia employees: 6,776 • former employees: 1,267 •…(opens the original post in a new tab)
14. 21:41
    X@Keeperssd· Discussion

    BREAKING: JENSEN HUANG IS QUIETLY HELPING PICK HIS OWN SUCCESSOR AT NVIDIA 🚨 Per The Washington Post, Huang is involve…(opens the original post in a new tab)
15. 21:20
    WebcnBeta· Media coverage

    Jensen Huang's stepping down draws attention; netizens dug up photos of him visiting children in the Wenchuan disaster area 18 years ago(opens the original post in a new tab)
16. 21:12
    X@BestAfridi5· Discussion

    Jensen Huang Resigns: The Alice Huang Controversy, NVIDIA & Megaspeed Investigation Full Story on YouTube Channel…(opens the original post in a new tab)
17. 21:09
    WebNPR · Technology· Media coverage

    How the tech industry and markets have responded to Jensen Huang's resignation(opens the original post in a new tab)
18. 20:37
    X@Open_gol· Discussion

    Nvidia, Megaspeed scarica Alice Huang: «Ha lasciato l'azienda nell'agosto 2025». Avviata un'indagine interna sui chip h…(opens the original post in a new tab)
19. 20:37
    X@geonews_english· Discussion

    Megaspeed says Alice Huang left company in August 2025 Visit our website: https://t.co/vVwYJv8osA #GeoNews https://t…(opens the original post in a new tab)
20. 20:30
    WebAxios· Media coverage

    How Nvidia's scandal knocked thousands off your 401(k)(opens the original post in a new tab)
21. 20:19
    X@IGR_Media· Discussion

    #IGR: Megaspeed Says Alice Huang Left Company In August 2025 Singapore-based cloud-computing company Megaspeed said Ch…(opens the original post in a new tab)
22. 20:11
    X@foxer74130866· Discussion

    Just two days after Jensen Huang resigned, the story has already turned twice: Musk first said "hiring him is my honor," then went and signed a petition asking him to come back. First, let's be clear about what can be verified. On November 8, Jensen Huang admitted in an internal letter that he was "unfaithful to his wife"; the board launched an independent investigation the same day and stated that at the time there was no reason to believe national security or the company's...(opens the original post in a new tab)
23. 20:09
    X@MrBoJue· Discussion

    Two Nvidia investors holding over $2 billion in $NVDA shares call for board to reinstate Jensen Huang as CEO. https://t…(opens the original post in a new tab)
24. 20:09
    X@TheManilaTimes· Discussion

    SINGAPORE — Singapore-based data centre company Megaspeed International, under scrutiny for allegedly steering Nvidia c…(opens the original post in a new tab)
25. 20:03
    X@tun2049· DiscussionIn Chinese, as written

    婚外情根本不是黄仁勋辞职的原因，只是个借口。 当你建立起三万亿美元的AI帝国、又游走在出口管制的边缘，你就注定会成为华盛顿的靶子。 在硅谷，市值让你加冕为王；但在华盛顿，市值只会让你沦为棋子。 https://t.co/eCL5jcX…(opens the original post in a new tab)
26. 20:00
    WebSouth China Morning Post · Tech· Media coverage

    Like Apple after Steve Jobs? Analysts debate Nvidia’s post-Jensen Huang future(opens the original post in a new tab)
27. 20:00
    X@Iammdshohag· Discussion

    Two big Nvidia investors have asked its board not to rush into picking a new CEO, and to keep Jensen Huang's return on…(opens the original post in a new tab)
28. 19:54
    X@wallstengine· Discussion

    Nvidia chip customer Megaspeed says Alice Huang left the company in August 2025 and has no current role. The company h…(opens the original post in a new tab)
29. 19:53
    X@the_hindu· Discussion

    Watch | Jensen Huang, the co-founder of Nvidia, has stepped down as CEO amid controversies surrounding his personal rel…(opens the original post in a new tab)
30. 19:42
    X@NFT_Chen· Discussion

    🔥Latest bombshell! Although Jensen Huang has resigned, he has not fully left the stage! He is quietly scouting successor candidates! According to The Washington Post, he is quietly involved in the search for Nvidia's successor and has personally called at least one candidate. The Financial Times disclosed in parallel: the board has approached Arm CEO Rene Haas, who previously worked at Nvidia for 7…(opens the original post in a new tab)
31. 19:38
    X@HANLIANYI331· Discussion

    In response to the matter of Jensen Huang leaving NVIDIA, Chinese netizens posted a tribute song for Jensen Huang on Bi…(opens the original post in a new tab)
32. 19:19
    WebIThome (China)· Media coverage

    After Jensen Huang stepped down, NVIDIA's new CEO faces the difficult task of rebuilding employee trust(opens the original post in a new tab)
33. 19:01
    X@AlphaInsightsAI· Discussion

    NVIDIA: Jensen Huang has resigned as CEO after 33 years. CFO Colette Kress is interim CEO. NVIDIA says its roadmap an…(opens the original post in a new tab)
34. 19:01
    X@L0cCapital· Discussion

    Hai nhà đầu tư lớn của Nvidia muốn hội đồng để cửa mở cho Jensen Huang quay lại. Brad Gerstner của Altimeter và Gavin…(opens the original post in a new tab)
35. 18:51
    XX @kimmonismus· Discussion

    Jensen Huang is helping Nvidia find his successor and has already called at least one potential candidate, the Washingt…(opens the original post in a new tab)
36. 18:46
    X@FrankLeo888· Discussion

    Jensen Huang leaves Nvidia, and Musk may become the beneficiary of this turmoil. Although Jensen Huang's fall will cause huge shocks to AI infrastructure, data centers, and other industries, I suddenly feel that it may not be a bad thing for old Ma. First, Jensen Huang has borne a concentrated backlash after multiple emotions stacked up. Dissatisfaction with AI crowding out resources, with unemployment...(opens the original post in a new tab)
37. 18:42
    X@sleepy0x13· Discussion

    Jensen Huang has already been forced out, and Megaspeed, which was swept into the storm, has finally spoken. And the first fact it gave may make the timeline of the entire public opinion storm more intriguing. According to Reuters and CNBC, Megaspeed responded formally for the first time: Alice Huang as early as 2025…(opens the original post in a new tab)
38. 18:37
    X@sleepy0x13· Discussion

    Jensen Huang has already resigned, but American politicians clearly have not yet planned to let him off. Because they have found that Jensen Huang is really too useful a political target. The latest analysis by The Washington Post points out that the biggest damage of the Jensen Huang controversy to the White House is not the sex scandal, but that it links three originally different political issues together: data centers, China and corruption.…(opens the original post in a new tab)
39. 18:31
    X@JioNews· Discussion

    Singapore-based cloud computing company Megaspeed has said that Alice Huang, the former executive linked to ex-Nvidia C…(opens the original post in a new tab)
40. 18:23
    X@PragativadiNews· Discussion

    Singapore-based cloud firm Megaspeed breaks its silence amid the Jensen Huang scandal, confirming that former executive…(opens the original post in a new tab)
41. 18:21
    X@ndtv· Discussion

    'Chinese Spy' Alice Huang Left Company In 2025: Megaspeed Amid Nvidia Row https://t.co/vNV69L94W3(opens the original post in a new tab)
42. 18:10
    WebSouth China Morning Post · Tech· Media coverage

    Megaspeed rejects claims over supply chain as Nvidia-linked scrutiny intensifies(opens the original post in a new tab)
43. 18:03
    WebcnBeta· Media coverage

    Nvidia faces a CEO succession challenge(opens the original post in a new tab)
44. 18:02
    X@liujie2014· Discussion

    [Jensen Huang personally helping pick a successor? His chances of returning grow smaller; watch the SPCX compute chain] 1. Rumor: according to sources, although Jensen Huang has kept a low profile, he has already participated in NVIDIA's CEO succession process and has spoken by phone with at least one potential candidate. 2. Previously the board said it had not yet selected a headhunter and had not formally contacted candidates. 3. "Stand…(opens the original post in a new tab)
45. 18:00
    X@el_pais· Discussion

    “Ha sido un shock, Nvidia tenía otros nubarrones encima, como los riesgos de la financiación circular, el valor de la a…(opens the original post in a new tab)
46. 17:57
    X@kwingerei· Discussion

    Latest from our AAP #news feed #auspol Megaspeed confirms Alice Huang no longer works for firm. Singapore-based Megasp…(opens the original post in a new tab)
47. 17:49
    X@4zxwcawt8u· Discussion

    BREAKING: Despite keeping a low profile, Jensen Huang is actively involved in Nvidia’s CEO succession process and has a…(opens the original post in a new tab)
48. 17:45
    WebIThome (China)· Media coverage

    Sources say Jensen Huang took part in selecting a successor after his departure and has spoken with at least one candidate for Nvidia's new CEO(opens the original post in a new tab)
49. 17:45
    X@Jason_WealthAI· Discussion

    You would never guess. Jensen Huang resigned as NVIDIA CEO. The 33-year founder walked away just like that. As a result, in less than 48 hours, an internal poll drew 1,600 comments, 97% demanding he come back. Musk publicly signed in support. 120,000 people signed a joint petition to restore his position. A man who admitted to an affair—employees still want him back to run the company. This kind of thing you would see at a Chinese company…(opens the original post in a new tab)
50. 17:41
    X@nitinmeshram· Discussion

    Barely three days after Jensen Huang resigned from Nvidia, people are already working to restore the image he had befor…(opens the original post in a new tab)
51. 17:37
    X@mew_kitti· Discussion

    Nvidia cloud partner Megaspeed hired outside lawyers to investigate reports about its supply chain, per CNBC. The clou…(opens the original post in a new tab)
52. 17:30
    X@shipsanonymous· Discussion

    Jensen Huang quit Nvidia on Thursday. Now over 100,000 people want him back. The "Stand with Jensen" petition says alm…(opens the original post in a new tab)
53. 17:30
    X@WhaleInsider· Discussion

    JUST IN: Jensen Huang takes part in picking Nvidia $NVDA's next CEO. https://t.co/kg4DM4VeNz(opens the original post in a new tab)
54. 17:29
    X@News_crypto· Discussion

    Jensen Huang takes part in picking Nvidia $NVDA’s next CEO Huang has stayed out of public view but has already spoken…(opens the original post in a new tab)
55. 17:20
    X@Reuters· Discussion

    Megaspeed says Alice Huang left company in August 2025 https://t.co/DnBeh1eq7x(opens the original post in a new tab)
56. 17:17
    X@EconomicTimes· Discussion

    Megaspeed confirms Alice Huang's exit as scrutiny over Nvidia chip links and Jensen Huang scandal grows https://t.co/B…(opens the original post in a new tab)
57. 17:16
    Unite.AI

    Megaspeed hires outside lawyers to investigate reports involving its AI cloud business

    According to a CNBC report on November 15, 2026, Singapore-headquartered AI cloud service provider Megaspeed hired outside legal counsel to investigate media reports involving its AI cloud business, supply chain, and global operations, and said the reports lacked verifiable evidence; the company also announced that Alice Huang had left on August 30, 2025. Previously, on November 12, the company said it was cooperating with an inspection by the U.S. Department of Commerce's Bureau of Industry and Security and had hired a U.S. law firm to lead a full GPU inventory and an independent review of export control compliance. The Singapore Ministry of Home Affairs announced the same day that police and customs had since February 2025 been investigating Megaspeed and its controller on suspicion of false declarations in server purchases, among other grounds; the servers involved were exported via Singapore to Malaysia, and police are still verifying whether it violated declarations by being transshipped to other destinations.

58. 17:15
    X@XxCoora· Discussion

    Jensen Huang has stepped down. Nvidia announced: he has resigned as president, chief executive officer and director, effective immediately; CFO Kress also serves as interim CEO, and Jones becomes the company's first-ever board chair. Reuters said the stock fell as much as about 14% during intraday trading, with the closing decline narrowing to about 4%. The claim about a "spy" remains media reporting, and the U.S. Department of Justice said it has not reached a conclusion. Would you rather…(opens the original post in a new tab)
59. 17:11
    X@asifpatel· Discussion

    Scandal-hit Nvidia CEO Jensen Huang quits, plunging AI chipmaking giant into turmoil US lawmakers now want to question…(opens the original post in a new tab)
60. 17:05
    X@SUOHA_AI· Discussion

    Musk and Jensen Huang have always had a mutual admiration; when Jensen Huang ran into trouble, all of Silicon Valley played dead, and only Musk rushed out every day to speak for him.... This is GTC 2015, where Jensen Huang and Musk sat on stage chatting. That year Nvidia's market cap was only 11 billion USD, and it was being criticized for burning money on CUDA; Tesla was also…(opens the original post in a new tab)
61. 17:03
    X@felixwto· Discussion

    Jensen Huang, who steered Nvidia for 33 years, has resigned. The stock fell nearly 13% in a week, but orders are booked through the end of next year, and the roadmap was set long ago. The real test is the November 17 earnings report. Without Jensen Huang, can Nvidia still rise? https://t.co/xjwq6KbGBu(opens the original post in a new tab)
62. 17:02
    X@_SmartDeer_· Discussion

    Jensen Huang Resigns, Nvidia Falls Up to 10%: Why AI Chips Are Shaking https://t.co/ItsYuiL8SI(opens the original post in a new tab)
63. 16:51
    X@Nomsu_LC· Discussion

    1/ NVIDIA’s co-founder Jensen Huang has become the centre of a massive internet storm. Reports about an alleged affair…(opens the original post in a new tab)
64. 16:49
    X@KJovian· Discussion

    NVIDIA is nothing without Jensen Huang #BringJensenBack https://t.co/n3myVO7dkN(opens the original post in a new tab)
65. 16:46
    X@codez· Discussion

    As an NVIDIA share holder, I fully support the board's decision to remove Jensen as CEO. NVIDIA employees crying over…(opens the original post in a new tab)
66. 16:34
    CNBC · Technology

    Megaspeed says Alice Huang left the company in 2025 and has launched an internal investigation into reports related to its business

    Megaspeed told CNBC that Alice Huang formally left on August 30, 2025, currently holds no position at the company, and that the company has launched an internal investigation into media reports involving its own business and supply chain. Megaspeed says the reports lack verifiable evidence, has hired external legal counsel to conduct a thorough investigation, and states that its global operations and supply chain control framework complies with applicable laws such as U.S. export controls. The Singapore-headquartered cloud computing company describes itself as a core business partner of Nvidia in the region's compute cloud business, and has previously come under media and government scrutiny over whether chips supplied through it were resold to Chinese customers. According to The New York Times, U.S. intelligence officials believe Alice Huang is a Chinese intelligence officer; former Nvidia CEO Jensen Huang resigned as CEO on November 12 following reports of an extramarital affair, and he has said he was unfaithful to his wife.

67. 16:32
    X@BlueCrewViking· Discussion

    Megaspeed says Alice Huang left in 2025 as it launches internal probe into reports about its business - The Singapore-b…(opens the original post in a new tab)
68. 16:25
    X@CNBC· Discussion

    Megaspeed says Alice Huang left in 2025 as it launches internal probe into reports about its business https://t.co/jchT…(opens the original post in a new tab)
69. 16:20
    X@oneruofeng· Discussion

    After Jensen Huang resigned, I also want to revisit this conversation! On November 12, NVIDIA announced that Jensen Huang was resigning from the CEO position. The next day, someone started a petition hoping Jensen Huang would return to NVIDIA as CEO, and Musk replied: "I'll sign too." Seeing this, I remembered that at GTC in 2015, Jensen Huang and…(opens the original post in a new tab)
70. 16:07
    X@Amy787· Discussion

    The start of the exodus. Talented former - Nvidia engineers will be welcome everywhere. Fire the Nvidia Board. Th…(opens the original post in a new tab)
71. 15:44
    Financial News Korea

    Nvidia investors send letter to board calling for return of former CEO Jensen Huang

    Two major Nvidia shareholders sent a letter to the board demanding that all options, including the return of former CEO Jensen Huang, be put on the table for careful evaluation. Altimeter Capital CEO Brad Gerstner (holding about 9.41 million shares, worth about 2 trillion won) and Atreides Management founder Gavin Baker (holding about 1.25 million shares, worth 270 billion won) said on X on the 14th (local time) that they had formally sent the letter, which did not demand immediate reinstatement. According to WIRED, after Jensen Huang resigned amid allegations of an extramarital affair and ties to Chinese spies, employees immediately posted internally calling for his return, with one post claiming 97% of employees were angry about it.

72. 15:37
    X@SuWestonkf· Discussion

    In fact, I think that CFO is better suited to NVIDIA than Jensen Huang. Jensen Huang would turn NVIDIA into Cisco.(opens the original post in a new tab)
73. 15:33
    WebcnBeta· Media coverage

    Who "struck a blow" at Jensen Huang? More details emerge(opens the original post in a new tab)
74. 15:33
    X@liuxq9109· Discussion

    Good news! Well-known institutional shareholders have started to act. According to CNBC, Brad Gerstner of Altimeter and Gavin Baker of Atreides jointly sent a letter to Nvidia's board of directors, with two core demands: 1⃣ The CEO selection should be "slow and prudent," don't rush the decision 2⃣ Consider…(opens the original post in a new tab)
75. 15:31
    WebcnBeta· Media coverage

    Two major Nvidia shareholders send an open letter to the board, asking it to consider bringing Jensen Huang back(opens the original post in a new tab)
76. 15:23
    WebcnBeta· Media coverage

    Industry executives say multiple companies have reached out to Jensen Huang(opens the original post in a new tab)
77. 15:20
    X@lanquqing· Discussion

    Huang Le is currently not certain there is a problem; buy the dip in Nvidia right now, and then mobilize shareholders in the constituencies of senators and representatives to write letters calling for Jensen Huang's return. This article is merely a speculative essay and does not constitute any investment advice. A story about founders, capital, and the public…(opens the original post in a new tab)
78. 15:10
    WebIThome (China)· Media coverage

    Jensen Huang steps down as NVIDIA CEO, AI startup funding faces a changing landscape(opens the original post in a new tab)
79. 15:10
    X@likspacex· DiscussionIn Chinese, as written

    CNBC独家：英伟达两大股东联名致信董事会，要求给黄仁勋留一条回归的路！👀 📌Altimeter的格斯特纳、Atreides的贝克联名写信 📌要求“缓慢、审慎”选新CEO，并考虑黄仁勋回归的可能 📌两家合计持股约21亿美元（截至6月30…(opens the original post in a new tab)
80. 15:01
    WebTechmeme· Media coverage

    A post-Jensen Nvidia must reshuffle its leadership, reset its DC ties, and recognize that even the US' most valuable company cannot dictate US foreign policy (Chris Miller/Financial Times)(opens the original post in a new tab)
81. 14:50
    X@Bluke520· Discussion

    Nvidia's shareholders have formally stepped in — who the hell cares who the chairman sleeps with 😤 On November 13, Brad Gerstner posted a letter to the board on X, also signed by Atreides's Gavin Baker; the two firms together hold about $2.13 billion in Nvidia stock. The letter asks the board to prudently…(opens the original post in a new tab)
82. 14:42
    X@livemint· Discussion

    Investors urge board to consider return of Jensen Huang, Musk says Nvidia will lose critical deals without its founder…(opens the original post in a new tab)
83. 14:41
    X@serendipitycc6· Discussion

    According to several relayed posts, Jensen Huang resigned as Nvidia's president, CEO and director on November 12, with Colette Kress temporarily acting as CEO. The reinstatement petition is said to have surpassed 100,000 signatures: about 53,000 self-identified shareholders and about 6,200 employees. Another account, however, says 40,000+ shareholders and about 5,100 employees; the figures do not match, and neither has been independently verified.…(opens the original post in a new tab)
84. 14:40
    X@AgentYuri· Discussion

    Southeast Asian data centers become a backdoor for Chinese AI companies to obtain Nvidia chips. The Wall Street Journal reported that Nvidia CEO Jensen Huang was dismissed a few days ago, and the China-oriented computing power supply network he built in Asia also faces collapse. The United States has banned exports of advanced chips to China since the end of 2022, and Chinese companies have turned to smuggling and remotely renting overseas computing power…(opens the original post in a new tab)
85. 14:34
    X@FINANCIERNEWS· Discussion

    Nvidia CEO Jensen Huang Resigns After Suspected Spy Affair 🛢 Jensen Huang resigned Thursday as Nvidia's CEO after 33…(opens the original post in a new tab)
86. 14:23
    X@yumi202607· DiscussionIn Chinese, as written

    英伟达内部直接炸锅了， 员工已经开始搞联名请愿， 要求让黄仁勋重新担任首席执行官。 网友一针见血点破真相：“他让太多普通员工成了百万富翁，谁敢动他，员工能跟他拼命。” 在硅谷， 没有什么价值观比实打实的股价和财富自由更有凝聚力。…(opens the original post in a new tab)
87. 14:17
    X@slashdot· Discussion

    Did Alice Huang's Megaspeed Bypass America's Controls on Exporting Nvidia Chip to China? https://t.co/lGXuLwlUTG(opens the original post in a new tab)
88. 14:14
    X@divid_lu49394· Discussion

    Nvidia's news this week is more explosive than any model release. According to reports: Jensen Huang was removed as CEO due to a scandal, CFO Colette Kress took over as interim CEO, Nvidia's stock fell 13% in a week, and market value evaporated by about $570 billion, the worst week since April 2025.…(opens the original post in a new tab)
89. 14:10
    X@xctwy543808· Discussion

    🚨The real danger is not Jensen Huang being forced out. The real danger is this: Nvidia's core engineers have already said publicly: "If the board doesn't bring Jensen Huang back, we'll go straight to SpaceX and Terafab." And they claim Elon has already reserved places for them. This is not ordinary employees…(opens the original post in a new tab)
90. 14:10
    X@suchartyai· Discussion

    Save CEO Nvidia, Jensen Huang @JensenHuang https://t.co/uVRIiTZlDi(opens the original post in a new tab)
91. 14:01
    X@stellar_lucas· Discussion

    Next week the lead role in the AI drama is about to change hands. After the close on Tuesday, Nvidia reports earnings, its first since Jensen Huang's departure; analysts expect revenue of 108.7 billion USD, up 90% year over year, still strong numbers. Then on Wednesday Anthropic prices, and on Thursday Nasdaq lists, with a valuation of up to 1.4 trillion USD and a planned raise of 64.4 billion USD. A month ago Nvidia…(opens the original post in a new tab)
92. 14:00
    The Guardian · AISelected

    Former FBI official says Jensen Huang "lost his mind"; his relationship with a suspected Chinese spy is under investigation
93. 13:56
    X@believe3158426· Discussion

    @grok Why is Jensen Huang in a hurry to resign all positions at NVIDIA? If it is proven that Huang Le is a spy, and Jensen Huang also knew Huang Le was a spy, and still continued to associate with him, how likely is this possibility?(opens the original post in a new tab)
94. 13:55
    X@sunkaixuan1718· Discussion

    133,000 people signed a joint petition asking Nvidia to bring Jensen Huang back, and the board has so far made no public response. The latest numbers for the "Stand with Jensen" petition: 133,326 signatures, including 6,667 current employees and 72,265 shareholders—about 18,000 more than yesterday. On Friday, two major shareholders sent a letter to the board…(opens the original post in a new tab)
95. 13:50
    X@SDGMasterglass· Discussion

    Cyrus Janssen: Here is my thoughts about Jensen Huang and NVIDIA ordeal. There is not enough credible evidence to sugge…(opens the original post in a new tab)
96. 13:35
    X@firstpost· Discussion

    This week has been a rollercoaster for chipmaker Nvidia. One of the most valuable companies in the world is facing tumu…(opens the original post in a new tab)
97. 13:34
    X@Xiaoyzi_Web3· Discussion

    Just two days after Jensen Huang left, Nvidia is being pulled in two directions. FT says the board has approached Arm CEO Haas about succession, while the board says it has not formally approached any candidate and that speculation is premature 😂 On the other side, an internal petition post has more than 1,600 comments, and Musk also signed to ask him to come back #Nvidia #JensenHuang #AI(opens the original post in a new tab)
98. 13:20
    X@caishen167· Discussion

    Saw a screenshot that sorts out three speculations behind the Nvidia employee petition: ① Replicating OpenAI's power play, with a joint petition demanding that Jensen Huang be brought back; ② Fear that Jensen Huang will leave to start a new company and take the core team with him, dealing a heavy blow to Nvidia; ③ Jensen Huang joining forces with shareholders to restructure the board, staging a counterattack. If any one of these comes true, Silicon Valley will be hit by a major earthquake. ht…(opens the original post in a new tab)
99. 13:08
    X@ChronosIntelX· Discussion

    Jensen Huang has agreed to testify before Congress after leaving Nvidia. A petition with over 115,000 signatures (incl…(opens the original post in a new tab)
100. 13:05
     X@KobinFlow· Discussion

     72 hours after Jensen Huang was forced to resign, the "boomerang" that Nvidia's board feared most finally erupted in full force today. Three days ago, this group of mediocre bureaucrats thought that by using a set of HR procedures for handling office personnel matters to cut down overnight the founder who had steered the ship for 33 years, they could answer to Washington and buy themselves peace and quiet. As a result, over the past 72 hours…(opens the original post in a new tab)
101. 13:01
     X@PolyPayAi· Discussion

     Jensen Huang exits Nvidia… and BTC bleeds? 👀 What it means for the AI trade 🤖 Connected or coincidence? 👇 https://t.c…(opens the original post in a new tab)
102. 13:00
     Financial Times · AI

     As former Nvidia head Jensen Huang imploded, human judgment fell short of its reputation

     The trait that distinguishes humans from machines—judgment—was absent during the implosion of former Nvidia head Jensen Huang. On this basis, a Financial Times article argues that human judgment is not as reliable as people tout it to be.

103. 12:58
     X@themianoo· Discussion

     Pushed out by the empire he built with his own hands? Jensen Huang should not be forced to leave. Naval of Silicon Valley said: Jensen Huang is Nvidia's Steve Jobs, irreplaceable. Musk also agrees with this view. History seems to be repeating itself. Steve Jobs was once ousted from Apple; now Jensen Huang, who single-handedly built the foundation of global AI computing power, after 33 years at the helm of Nvidia…(opens the original post in a new tab)
104. 11:49
     Times of IndiaSelected

     Jensen Huang resigns as Nvidia CEO; Chinese X users post questioning the timing of the affair and spy allegations

     Nvidia announced on November 12 that Jensen Huang had resigned as president, CEO and director, effective immediately, and that CFO Colette Kress would serve as interim CEO, with the search for a successor considering both internal and external candidates. Previously, on November 8, Jensen Huang admitted in an internal message to employees to being unfaithful to his wife; Reuters reported that the person involved was Alice Huang (Huang Le), a former executive of Nvidia business partner Megaspeed International, a Singapore company. The New York Times reported that U.S. intelligence officials suspect Alice Huang of ties to China's Ministry of State Security and of suspected involvement in helping evade U.S. export controls on advanced chips, but Reuters said it could not verify whether she worked for the Chinese government, and Beijing called the allegation baseless smear. Chinese X users questioned the timing of the scandal's emergence and speculated whether someone deliberately pushed him out; the article emphasized that the spy allegation, the affair and timing speculation should be viewed separately and cannot serve as evidence of a proven conspiracy.

105. 11:01
     India TodaySelected

     Jensen Huang resigns as Nvidia CEO after Rubio sent Trump a memo warning about his China ties

     Nvidia CEO Jensen Huang resigned on Thursday, and a Washington Post report placed him at the center of the chip policy battle in Washington. The report said Secretary of State and National Security Advisor Rubio had sent Trump a memo based on a CIA report warning him about his association with a Chinese businesswoman suspected by U.S. intelligence officials of ties to Chinese intelligence, and the conclusions were subsequently leaked to the media. Trump had previously approved selling some Nvidia chips to China in exchange for a revenue share, and Huang's direct communication with the president was seen as key to that decision; China hawks in the administration had long wanted to destroy his influence with the president. Huang admitted to and apologized for an extramarital affair with an executive of an Nvidia customer, the board investigated whether the relationship endangered the company's security, and an affair with a subordinate was subsequently reported. Hawks see his departure as an opportunity, and members of Congress are seeking to add to the defense bill to be considered before the end of the year provisions on stricter AI chip export controls, chip smuggling detection technology, and restrictions on China's access to chip manufacturing equipment; Rubio repeatedly declined to discuss his role during the G7 summit in Paris.

106. 09:54
     MEAWW News

     Fact Check: Was Jensen Huang reinstated as Nvidia CEO after Elon Musk
107. Time not given
     The Economic Times

     Megaspeed confirms Alice Huang left in 2025 as scrutiny over Nvidia chip links intensifies

     Singapore-based cloud computing company Megaspeed told CNBC that Chinese businesswoman Alice Huang, who is caught up in the Jensen Huang controversy, left the company on August 30, 2025, and currently holds no position at the company. The company is facing a new round of scrutiny over allegations that it may have helped Chinese customers obtain advanced Nvidia AI chips restricted by U.S. export controls; Megaspeed denies the allegations, saying they lack verifiable evidence, and has hired outside legal counsel to review the relevant media reports. The company operates cloud computing infrastructure in Southeast Asia, where customers can rent Nvidia GPU compute; questions have been raised about whether chips supplied through it were transshipped to Chinese customers to circumvent U.S. export restrictions. Other U.S. media reports said Huang is suspected of ties to Chinese intelligence agencies, and Beijing denies the allegations; U.S. Attorney General Todd Blanche said on November 12 that the Justice Department has not concluded whether she is a Chinese spy, and the allegations have not been independently confirmed.

108. 04:00
     Business Insider

     The Chinese spy allegation that brought down Nvidia CEO Jensen Huang is beginning to look untenable

     A Business Insider columnist suggested that the Chinese spy allegation that led to Jensen Huang's resignation as Nvidia CEO is beginning to look untenable, and that intelligence may have been exaggerated to remove the biggest obstacle to tightening chip controls on China. The piece cited a CNN report saying U.S. intelligence agencies have not confirmed that the Chinese businesswoman Alice Huang, who had an extramarital affair with Jensen Huang, engaged in espionage for Beijing, and that officials are divided on the matter; the Washington Post reported that Secretary of State Rubio wrote a more reserved CIA report's conclusions into a memo to Trump in more affirmative wording, and that the leak of the memo set off a chain of events that ended Jensen Huang's 33-year tenure. More than 100,000 people have signed a petition demanding the board reinstate him, and Nvidia's market value has evaporated by about $300 billion. The author combined this with export control developments such as the Remote Access Security Act having passed the House, and cited SemiAnalysis's claim that the intelligence community played an important role in pushing Jensen Huang out, emphasizing that this is a possibility worth examining rather than a conclusion.

109. 02:48
     CNBC · Technology

     Nvidia's leadership crisis rattles the AI trade. Here's how we're adjusting our portfolio
110. 01:46
     CNBC · TechnologySelected

     Two major shareholders urge Nvidia's board to consider the possibility of Jensen Huang's return

     Altimeter Capital CEO Brad Gerstner and Atreides Management's Gavin Baker published a joint letter on X on Friday, urging Nvidia's board to adopt a slow and deliberate process regarding future leadership, including considering the possibility of Jensen Huang's return, but did not call for his immediate reinstatement. Jensen Huang resigned on Thursday amid multiple extramarital affair allegations, including allegations involving Alice Huang, a suspected Chinese spy who had worked with Nvidia customer Megaspeed; Megaspeed is under Department of Justice investigation over suspected diversion of Nvidia's restricted AI chips to China. As of June 30, Altimeter held 9.4 million Nvidia shares worth nearly $1.9 billion, and Atreides held 1.2 million shares worth nearly $250 million. The letter said interim CEO Colette Kress is capable of leading the company.

1. 21:12
   The Jerusalem PostSelected

   The New York Times says Trump, disregarding warnings about a China-linked spy, called Jensen Huang to urge him to stay at Nvidia.

   Trump called Jensen Huang on Tuesday to urge him to keep fighting to retain his position; two days later, Huang stepped down as Nvidia CEO amid the spy scandal and the exposure of the extramarital affair, and CFO Colette Kress became interim CEO. According to The New York Times, citing people familiar with the matter, U.S. intelligence agencies assess that Alice Huang, a Chinese national with whom Huang had a romantic relationship, was recruited by China's Ministry of State Security; Trump received related warnings at least twice (late last year and this spring) but took no action, and still brought Huang along on his trip to China in May. U.S. authorities are also examining suspicions of transferring advanced chips to China in violation of export restrictions, but there is no public evidence that Huang himself passed confidential information to the Chinese government. Bipartisan lawmakers in Congress are demanding an investigation into whether his relationship leaked sensitive information about the U.S. AI industry and whether he ever decided to let a China-linked company obtain restricted chips; Trump continues to support Huang and has proposed former Apple CEO Tim Cook as a possible successor. Representatives for Huang, Trump and the White House did not respond to requests for comment.

2. 20:00
   The Verge AI

   Report says Jensen Huang has left Nvidia

   Nvidia CEO Jensen Huang has left the company he co-founded 33 years ago, after reportedly being linked to two chip smuggling scandals and alleged to have had three extramarital affairs (one of the people involved was alleged to be a Chinese spy). He once led the first company to reach a $5 trillion market value; Nvidia accounts for about 6% of the S&P 500, and no succession plan was arranged, with about 60 employees reporting directly to him. The article reviews how he bet the company's entire gross margin on CUDA, which no one had asked for; in 2012, researchers at the University of Toronto trained AlexNet on Nvidia GPUs; in 2022, ChatGPT emerged on Nvidia hardware. Several analysts believe that in the short term this is a stock price shock rather than a business shock, with the product roadmap and manufacturing arrangements locked in through 2027, but a successor needs technical credibility, an operating model that does not depend on one individual, and a plan to protect CUDA; Peddie said no one inside the company is willing to take over and a candidate must be found externally.

3. 15:53
   WeChat · QbitAISelected

   NVIDIA employees petition: restore Jensen Huang as CEO before the investigation is completed

   Jensen Huang resigned from the positions of NVIDIA President, CEO and Director on November 12; supporters launched an independent petition demanding his reinstatement, which has gathered more than 60,000 signatures, with Musk among the signatories. The petition, titled "33 Years Deserve an Answer," demands that Jensen Huang's CEO position be restored before an independent investigation is completed and the relevant facts are confirmed, that the investigation framework and timeline be made public, and that the board explain the basis for its decision to employees and shareholders. Long-serving CFO Colette Kress has taken over as interim CEO, and another successor candidate more widely favored in the industry is Ian Buck, who participated in the development of the CUDA software system. According to the Financial Times, NVIDIA's board has approached Arm CEO Rene Haas as a potential successor, and NVIDIA responded that speculation about specific candidates is premature. According to WIRED, an internal post by a senior engineer sent before Jensen Huang's resignation has accumulated more than 1,600 comments, most of them supporting Jensen Huang's return.

4. Time not given
   The Economic TimesSelected

   Altimeter and Atreides urge Nvidia board to keep open the possibility of Jensen Huang returning as CEO

   Altimeter Capital and Atreides Management wrote to Nvidia's board, urging a slow and deliberate succession process after Jensen Huang's sudden resignation as CEO and keeping open all options, including Huang's return. The letter said the board should not rush to appoint a permanent successor before the facts surrounding the departure are clear, and expressed confidence in interim CEO Colette Kress and her team. On November 12, Nvidia announced that Jensen Huang was resigning as president, CEO and director effective immediately, that Kress, CFO since 2013, would serve as interim CEO, and that Harvey C. Jones would become the company's first chairman. The change came amid a controversy over allegations that Huang had relationships with three women, one of whom was Alice Huang, linked to Singapore data company Megaspeed, which had been scrutinized over alleged flows of Nvidia chips to China; Huang subsequently apologized to his family and employees for the affair, and the board also launched an independent investigation into reports that he had been alleged to be a target of a foreign intelligence operation, while saying there was no reason to believe national security or company secrets had been compromised.

5. 07:42
   CNBC · Technology

   U.S. Commerce Secretary Lutnick faces questioning over the Nvidia spy scandal; Cantor, run by his son, has deep ties to the chipmaker
6. 07:00
   BBC News

   Nvidia: How the Jensen Huang scandal exposes the thorny problems of pro-business Singapore

   Nvidia founder Jensen Huang resigned on Thursday after admitting the extramarital affair; Alice Huang, with whom he is said to have had the affair, formerly ran Singapore data center company Megaspeed, the largest buyer of Nvidia chips in Southeast Asia, which is suspected of providing a backdoor channel for Chinese companies through data centers in Malaysia, Indonesia and Thailand. The Singapore government said that since February 2025 it has been investigating whether Megaspeed and other companies made false declarations about data servers procured through Singapore for export, has not filed charges in nearly two years, and that Singaporean and U.S. investigations are ongoing. Singapore was Nvidia's second-largest billing center globally last year, accounting for nearly one-fifth of its revenue, but less than 1% of chip-related revenue actually entered Singapore. Singapore had previously charged four companies and five individuals with offenses including fraud, amid U.S. concerns about DeepSeek buying chips through third parties; analysts believe the case will make Singapore's neutral positioning between China and the U.S. harder to maintain.

7. 07:00
   BBC

   Nvidia founder Jensen Huang resigns over extramarital affair; Singapore chip hub investigation continues

   Nvidia founder Jensen Huang resigned on Thursday after admitting to an extramarital affair, and Alice Huang, reported to have been involved with him, once headed the Singapore data center company Megaspeed, the largest buyer of Nvidia chips in Southeast Asia, which is accused of providing back-channel access to chips for Chinese companies through data centers in Malaysia, Indonesia and Thailand, possibly violating US export controls. The Singapore government said that since February 2025 it has been investigating whether Megaspeed and other companies made false declarations regarding data servers procured through Singapore for export, and that it repeatedly requested assistance from the US regarding Supermicro but received limited help; the investigation into Alice Huang targeted her role in suspected fraud rather than espionage, and was ultimately closed for insufficient evidence, and she was allowed to leave the country in February this year, with the investigation, launched nearly two years ago, having so far brought no charges against Megaspeed. Analysts believe the case will make Singapore's balancing act between China and the US more difficult.

8. 06:43
   TechCrunch AISelected

   Investors say Nvidia may reduce AI startup investments in the short term after Jensen Huang steps down

   Nvidia CEO Jensen Huang has formally stepped down, and multiple investors and founders say his departure will leave a huge gap in financing for AI startups. According to PitchBook, Nvidia has participated in 105 funding rounds this year and was often the largest investor; it previously invested in CoreWeave, Crusoe ($1.4 billion Series E), Mistral AI, Lambda and Black Forest Labs, and acquired Hugging Face for $13 billion (expected to close in 2027); according to The Wall Street Journal, last year it also put $800 million into Reflection AI's $2 billion Series B. Interim CEO Colette Kress is seen by investors as more conservative, and Nvidia is expected to be more selective about new investments and to write smaller checks for its existing portfolio, with valuations possibly declining as a result; some investors hope large cloud providers and chipmakers will fill the gap, but few believe the investment slowdown itself will end the AI boom.

9. 05:46
   AP via ABC NewsSelected

   Republicans in both chambers of the U.S. Congress demand that Jensen Huang and Commerce Secretary Lutnick testify over the Nvidia China controversy.

   Republicans in the U.S. Senate and House sent letters demanding that former Nvidia CEO Jensen Huang and Commerce Secretary Lutnick testify regarding Huang's relationship with a person accused of being a Chinese spy and whether it affected Nvidia's business with China. Huang resigned as Nvidia CEO earlier this week; he reportedly had an affair with Megaspeed executive Alice Huang, who is accused of being a Chinese spy; Huang admitted to the extramarital affair but did not identify the person. Senate Banking Committee Chairman Tim Scott demanded that Huang testify publicly on December 3 or face a subpoena; the Commerce Department said Lutnick has agreed to appear voluntarily. The chairs of the House Foreign Affairs, Intelligence and Select Committees demanded that Huang sit for a closed-door transcribed interview on December 1, and demanded that Nvidia general counsel Tim Teter testify on December 2 regarding AI chip smuggling, adversary militaries' use of Nvidia products, and alleged interference in U.S. export control policy.

10. 05:27
    CNBC · TechnologySelected

    Nvidia's stock fell for six consecutive weeks, the longest streak since 2012, and about $1.6 trillion in market value was wiped out.

    Nvidia's stock fell for a sixth consecutive week, the longest weekly losing streak since 2012, and fell 29% over the six weeks through Thursday's close, with about $1.6 trillion in market value wiped out and its market value surpassed by Apple. Co-founder Jensen Huang resigned on Thursday after two extramarital affairs were made public, one of the partners alleged to be a Chinese spy and the other a vice president of the company's healthcare business; the board appointed CFO Colette Kress as interim CEO, and the stock fell 4.3% that day and 11% for the week. The stock had already fallen about 9% the previous week, mainly after Democrats won a landslide in the midterm elections and dozens of ballot measures that could slow AI buildout passed, and the market also worried that rising interest rates would hit large customers such as neoclouds that rely on debt markets. Nvidia will release its quarterly report on Tuesday, and according to analyst expectations compiled by LSEG, revenue will grow 91% year over year to $108.9 billion; Oppenheimer analysts expect fundamentals to take a back seat in the near term, and Huang's departure may create sustained pressure on the stock price.

11. 05:18
    CNBC · TechnologySelected

    Amid the Jensen Huang departure turmoil, Nvidia's closing market value fell below $4 trillion for the first time since July 2025

    Nvidia CEO Jensen Huang resigned on Thursday after media exposure of at least two extramarital affairs; the company's stock fell sharply during Thursday trading and closed down more than 4%, with closing market value falling below $4 trillion for the first time since July 2025. The New York Times reported that Jensen Huang had a romantic relationship with company healthcare vice president Kimberly Powell, and Reuters also reported an extramarital affair with another unnamed Nvidia employee; the board had previously investigated his relationship with a businesswoman whom intelligence agencies called a Chinese spy. The stock rose 1.8% in premarket trading on Friday. Several Wall Street analysts had previously told CNBC that Jensen Huang's departure could cost the company as much as 20% of its market value, while the stock had already fallen more than 20% over the past month. Stephane Houri, head of equity research at ODDO BHF, said Nvidia's success is largely built around Jensen Huang, and the AI industry's architecture also depends on his vision and expertise.

12. 05:04
    CNBC · TechnologySelected

    Jensen Huang resigns as Nvidia CEO, Washington's investigation is just beginning

    Nvidia CEO Jensen Huang resigned on Thursday, after he was reported to have had an affair with Alice Huang, an executive at Singapore tech company Megaspeed who is suspected of Chinese espionage, and members of Congress are preparing to investigate the possible damage this could cause to national security and US AI advantage. Senate Banking Committee Chairman Tim Scott subpoenaed Huang and Commerce Secretary Lutnick to testify in December; Lutnick has agreed to appear voluntarily, and Huang will face a subpoena if he refuses. House Foreign Affairs Committee Chairman Mast said Huang has agreed to testify under oath before Thanksgiving, involving the Intelligence Committee and the House China Committee, and set a deadline for him to respond by 8 p.m. Friday. Democrats will control both the Senate and House in January and are preparing to expand the investigation; Warren and Coons have sent letters demanding that officials preserve documents related to Nvidia's exports of advanced AI chips to China; the Commerce Department's investigation into Megaspeed's suspected smuggling of restricted chips to China has been referred to the Justice Department.

13. 04:21
    CNBC · TechnologySelected

    Nvidia's board says it has not yet selected a headhunting firm to find Jensen Huang's permanent successor

    Nvidia's board told CNBC that the company has not yet selected a headhunting firm to help find a permanent successor to former CEO Jensen Huang, that the selection is still underway, that it has not formally approached any potential candidate, and that speculation about internal or external candidates is premature. The Financial Times reported on Friday that the board had approached Arm CEO Rene Haas. Nvidia announced on Thursday that Jensen Huang was stepping down as CEO, following multiple reported extramarital affairs, including a relationship with a woman alleged to be a Chinese spy; CFO Colette Kress has become interim CEO. The company's stock fell more than 2% on Friday, and its market value dropped below $4 trillion. Nvidia said on Tuesday that it had hired Wachtell Lipton to investigate allegations that Jensen Huang was targeted by a foreign intelligence operation; three House committees asked Jensen Huang to be questioned, and the Senate Banking Committee also asked him and Commerce Secretary Howard Lutnick to testify on national security concerns and the reported flow of the company's top AI chips to China.

14. 04:07
    The Decoder

    Jensen Huang's ouster likely traces back to Nvidia's risky business practices more than his personal life
15. 03:20
    The Guardian · AI

    Jensen Huang resigns after reports of extramarital affair and woman accused of being a spy

    Jensen Huang of AI chip company Nvidia has resigned after it was revealed he had extramarital affairs with a company executive and a woman accused of being a Chinese spy. The matter has shaken the global economy, and as the fallout continues, U.S. Commerce Secretary Howard Lutnick faces growing criticism for apparently taking no action.

16. 03:01
    The Guardian · AI

    Jensen Huang resigns from Nvidia over reported affairs, Lutnick accused of not taking action

    Jensen Huang resigns from AI chip company Nvidia, sending shockwaves through the global economy; this follows revelations that he had affairs with an Nvidia executive and a woman alleged to be a Chinese spy. The turmoil is not over, and US Commerce Secretary Howard Lutnick is facing growing criticism for seemingly not taking action.

17. 02:30
    Semafor

    Semafor author: Jensen Huang's departure from Nvidia could be a turning point for AI in Africa

    Semafor analysis says Nvidia CEO Jensen Huang's departure could be a turning point for expanding AI in Africa. Africa's computing power depends on US software and hardware; Nvidia invested in Cassava last year and supplied it with chips, helping it expand services in more than 30 African countries, and if a successor changes strategy, the partnership may be hard to replicate. South Africa has about 40% of Africa's roughly 160 data centers, and President Ramaphosa will visit the US next week to focus on AI infrastructure.

18. 01:55
    Financial Times · AI

    FT: Jensen Huang leaves Nvidia, leaving unresolved questions

    The Financial Times published an analysis saying the AI industry has recently experienced a triple shock. The article focuses on Jensen Huang's departure from Nvidia, saying it leaves a string of unresolved questions.

19. 01:45
    Financial Times · AISelected

    Nvidia seeks a CEO successor, and the board has approached Arm CEO Rene Haas

    The Nvidia board approached Arm CEO Rene Haas in its search for Jensen Huang's successor. According to people familiar with the matter, Huang announced his resignation on Thursday after 33 years at the helm due to an extramarital affair scandal; he was reported to have had affairs with at least one subordinate and with Alice Huang, an executive at Singapore client Megaspeed, whom U.S. intelligence suspects of being a Chinese spy. Haas has led Arm since 2022 and worked at Nvidia for about seven years more than a decade ago, and is close to Huang and some directors; the board's statement said it is still selecting a headhunting firm and has not formally contacted any candidate. Harvey Jones was appointed as the first chairman, and CFO Colette Kress became interim CEO; the board is overseeing an independent investigation led by a former federal prosecutor, and U.S. lawmakers also plan their own investigations. Other potential candidates include AMD's Lisa Su and internal candidate Ian Buck.

1. 23:58
   TechCrunch AISelected

   Jensen Huang admits extramarital affairs and resigns; US officials say his partner is a spy

   Nvidia CEO Jensen Huang resigned as CEO on November 12 over an extramarital affairs scandal, and CFO Colette Kress became interim CEO. US officials believe that Alice Huang, an executive at Singapore AI infrastructure company Megaspeed who was close to Jensen Huang, is a Chinese spy who passed intelligence back to Beijing; the company reportedly bought $4.8 billion of Nvidia chips over two years, and the United States and Singapore have investigated its suspected improper resale of chips to China, with The New York Times reporting that the Justice Department has taken over the federal investigation. The New York Times and Reuters successively reported that Jensen Huang also had extramarital affairs with Nvidia healthcare vice president Kimberly Powell and another unnamed employee, and Nvidia's board has launched an independent investigation. Democratic lawmakers announced they will investigate how the Trump administration handled Nvidia's chip sales to China, the Senate Banking Committee asked Jensen Huang and Commerce Secretary Lutnick to testify, and Jensen Huang has agreed to testify before Congress before Thanksgiving.

2. 23:47
   New York Post

   U.S. Commerce Secretary Lutnick to appear at Senate hearing over Nvidia and Megaspeed controversy

   According to a Commerce Department spokesperson, U.S. Commerce Secretary Howard Lutnick has agreed to voluntarily appear at a Senate Banking Committee hearing in early December to be questioned about how the department handled AI chip export controls; committee chairman Tim Scott has written to Lutnick and recently resigned Nvidia CEO Jensen Huang, asking both to appear separately at the hearing. At the center of the dispute is why the Commerce Department did not add Singaporean company Megaspeed to the Entity List, despite U.S. officials' concerns that the company smuggles advanced chips to China; Megaspeed is led by Alice Huang, who has been accused of being a Chinese spy and of having an affair with Jensen Huang. According to Axios, Lutnick received a highly classified memo warning about the relationship between Jensen Huang and Alice Huang before Trump's visit to China in mid-May, but the Commerce Department took no action against Megaspeed. Treasury Secretary Bessent publicly accused the Commerce Department of delay, saying that the Treasury Department, the Department of War and multiple other departments had for months supported adding Megaspeed to the Entity List, but "the pen is in the Commerce Department's hand."

3. 22:50
   CBS News · Technology

   Former Nvidia CEO Jensen Huang willing to appear before Congress amid probe into alleged spy affair
4. 22:47
   The Verge AI

   Jensen Huang resigns as Nvidia CEO: questions loom over China business, the U.S. government's role and AI industry stability

   Jensen Huang resigned as Nvidia CEO on Thursday, and The Vergecast discusses where the fallout goes from here. The hosts believe the bigger story may still be ahead: Nvidia's business in China, the U.S. government's tacit approval to protect a powerful ally, and the overall stability of the AI industry will become focal points, and newly elected Democratic lawmakers will press on who knew what and when. The episode also discusses Hollywood's plan to counter TikTok with micro-dramas, free tiers and vertical video.

5. 20:46
   CNBC · TechnologySelected

   CNBC reporter looks back at an interview at the peak of "Jensenmania": three weeks later, Nvidia faces a world without Jensen Huang
6. 20:44
   CNBC · TechnologySelected

   Apple, Alphabet and Uber all survived major founder transitions; Nvidia will be a harder test

   Nvidia founder and CEO Jensen Huang resigned on Thursday, following reports that he had an extramarital affair, and that one of the women was considered a Chinese spy by US intelligence agencies; CFO Colette Kress is temporarily in charge, and the board is searching for a new CEO. Over 33 years, Jensen Huang built the company he co-founded into the world's most valuable company. Experts interviewed said the successor faces challenges far beyond a typical founder transition: the company appears to have no succession plan, Jensen Huang had about 60 direct reports, and the new CEO must also deal with the fallout from the scandal and take over his relationships with Trump and key suppliers. The article compares precedents at Apple, Alphabet and Uber: Tim Cook was well prepared, Alphabet's stock rose more than 300% during Sundar Pichai's tenure, and Kalanick's departure from Uber took months. Investors believe the product roadmap is unaffected, and company culture and the supply chain are the new CEO's two top priorities.

7. 20:30
   LessWrongSelected

   Jensen Huang resigns as Nvidia CEO after being reported to have had extramarital affairs with both a suspected Chinese spy and a subordinate executive

   Nvidia CEO Jensen Huang resigns and exits the board due to an extramarital affair scandal, with CFO Colette Kress serving as interim CEO. He was reported to have had extramarital affairs successively with Alice Huang, whom U.S. intelligence agencies identified as a Chinese spy, and with Kimberly Powell, a vice president and his direct subordinate. According to The Information, Shanghai Century Litong, founded by Alice Huang, obtained Nvidia preferred cloud partner status four months after its establishment and handled at least 7.5 billion US dollars in chips flowing to Chinese tech companies; according to FT, the Commerce Department delayed adding Megaspeed to the entity list. Congress is pushing to include chip export control provisions in the NDAA; Will Depue said his weight forensics show that new models from DeepSeek, Moonshot AI, MiniMax and Ant Group were trained on export-controlled Blackwell chips, and said this has been independently verified by researchers at OpenAI and Anthropic. The author believes the market views this as Nvidia's own problem, and that chip export controls and their enforcement will tighten.

8. 20:00
   CNBC · TechnologySelected

   Jensen Huang resigns as Nvidia CEO over reported extramarital affairs
9. 19:44
   Semafor

   U.S. Commerce Secretary Lutnick faces congressional pressure over Nvidia scandal

   U.S. Commerce Secretary Howard Lutnick is facing increasing pressure from members of Congress over the Trump administration's handling of the Nvidia scandal. He has been criticized because the Commerce Department did not sanction Megaspeed, a customer accused of smuggling Nvidia chips; critics reportedly include the Treasury Secretary. The exposure of an extramarital affair between a Megaspeed executive accused of ties to Chinese intelligence and Nvidia CEO Jensen Huang led to Huang's departure. Singapore authorities said U.S. assistance with the country's investigation of the executive was "limited." Several Republican senators have demanded that Lutnick and Jensen Huang testify before the Senate, and a Republican representative told Semafor that "questions need answers."

10. 18:54
    CNBC · TechnologySelected

    The Nvidia scandal has implicated U.S. Commerce Secretary Lutnick, who is reportedly agreeing to testify before a Senate hearing on chip sales to China

    U.S. Commerce Secretary Lutnick has agreed to testify before the Senate Banking Committee in response to national security concerns raised by the Nvidia scandal; he and Jensen Huang were asked to appear at hearings on December 10 and December 3, respectively, and his spokesperson said he is attending voluntarily. Jensen Huang admitted to an extramarital affair with a Megaspeed executive accused of being a Chinese spy; the Singapore-based company has purchased more than $4.8 billion of Nvidia advanced AI chips over the past two years. Combined with another extramarital affair revealed with an Nvidia executive, he resigned on Thursday. Both parties in Congress are questioning whether the Commerce Department has sufficiently restricted AI chip exports to China; Senator Jim Banks said Lutnick appears to have used loopholes to allow some chip sales, and Warren and Coons jointly demanded that all documents on Nvidia chip exports to China be preserved. According to a Reuters report in June, the Trump administration did not add more than 100 companies listed as national security risks to the trade blacklist, including DeepSeek and CXMT.

11. 16:27
    CNBC · TechnologySelected

    Nvidia turmoil triggers chip stock rotation, with funds shifting to AMD, Broadcom and TSMC

    Nvidia is in turmoil after Jensen Huang's resignation, following revelations of multiple extramarital affairs, including with a woman regarded by the U.S. intelligence community as a Chinese spy. Investors are betting that his departure will loosen Nvidia's grip on the industry; this week Nvidia shares fell 11% cumulatively, while AMD and Broadcom rose 30% and 24% respectively, and TSMC, which manufactures its most advanced processors, rose 11%. Dylan Patel of SemiAnalysis said that Huang personally maintaining supplier relationships helped Nvidia lock in scarce capacity; Google and Amazon were already competing for supply chain capacity and may accelerate now that Huang's influence over suppliers is gone, and Nvidia's lead over its largest competitor is only about one year.

12. 15:49
    CNBC · TechnologySelected

    Jensen Huang resigns as Nvidia CEO; Trump calls the turmoil "terrible" and "sad"

    Nvidia announced that CEO Jensen Huang has resigned, with CFO Colette Kress serving as interim CEO while the board searches for a permanent successor. Jensen Huang apologized for an extramarital affair with Alice Huang, who previously worked at Chinese company and Nvidia customer Megaspeed and is regarded by the US intelligence community as a Chinese spy; The New York Times also reported another extramarital affair with Kimberly Powell, the company's vice president of healthcare. After the announcement, Nvidia's stock plunged more than 13% at the open, with market value evaporating 2 trillion dollars from its peak in early October, while AMD has risen nearly 17% since Monday. Trump posted suggesting Apple CEO Tim Cook take over; three House committees have called on Jensen Huang to testify, and Foreign Affairs Committee Chairman Mast said he is willing to testify as early as next week. Nvidia also agreed to buy 10 billion dollars of Anthropic stock immediately after its IPO, and its roughly 400 billion dollars in obligations to other companies has also drawn attention to "circular financing" risks.

13. 15:29
    CNBC · TechnologySelected

    Analysts say Jensen Huang's departure will not affect Asian chip suppliers in the near term

    Jensen Huang's departure from Nvidia is unlikely to have a direct impact on major Asian chip suppliers such as Samsung Electronics and TSMC, but it raises questions about the company's long-term product strategy and supply chain relationships. Nam Dae-jong and Kim Yeon-mi, analysts at Korean brokerage Daol Investment & Securities, said Huang's departure is unlikely to affect the semiconductor industry's near-term outlook, but there is uncertainty about Nvidia's medium- and long-term product roadmap and how the new leadership will coordinate with AI ecosystem partners; they expect Nvidia's foundry relationship with TSMC to remain unchanged, and its foundry cooperation with Samsung to continue, including 4-nanometer process manufacturing and next-generation high bandwidth memory (HBM) work. The analysts also noted that custom AI chips (ASICs) are becoming an alternative to Nvidia GPUs and could accelerate diversification in the AI chip market, but increased competition should not be interpreted as weakening memory demand. SK Hynix closed down 3.03% on Friday, and the Kospi index gave up its gains.

14. 14:34
    The Guardian · AISelected

    Jensen Huang resigns as Nvidia CEO; U.S. Senate Banking Committee says he and Commerce Secretary are expected to testify

    Nvidia CEO Jensen Huang resigned on Thursday following reports of multiple relationships, including with Alice Huang, who has been accused of being a Chinese spy, and is expected to appear at a congressional hearing with U.S. Commerce Secretary Lutnick. Nvidia's board departure statement did not mention the scandal, and CFO Colette Kress took over temporarily. Senate Democratic Leader Schumer said Jensen Huang and Nvidia must answer whether U.S. security has been harmed as a result; Senate Banking Committee Chairman Scott has sent a letter demanding that both testify, and said he would consider issuing a subpoena if Jensen Huang does not appear voluntarily; a Lutnick spokesperson said he has agreed to appear voluntarily. House Speaker Johnson said Congress is forming consensus on restricting chip exports to China, and lawmakers are pushing to pass at least four chip export bills. According to Reuters, Chinese AI companies are trying to lock in Nvidia chip capacity outside China, and Beijing is stepping up development of domestic alternatives including Huawei; according to The New York Times, Trump called Jensen Huang two days before his resignation to urge him to keep his position.

15. 09:44
    CBS News · TechnologySelected

    Nvidia CEO Jensen Huang resigns over extramarital affair scandal; the woman involved is suspected of being a Chinese spy

    Nvidia CEO Jensen Huang resigned on Thursday after admitting to an extramarital affair with a woman suspected of being a Chinese spy. Other reports say he may also have had affairs with two other women. The report argues that his resignation could have major national-level implications for Nvidia's future and for America's advantage in the AI race.

16. 09:43
    PlatformerSelected

    NVIDIA CEO Jensen Huang resigns and the end of America's "whatever" political era

    NVIDIA announced that CEO Jensen Huang has resigned; he co-founded the company 33 years ago, and Colette Kress, who has long served as CFO, will serve as CEO while the board searches for a formal successor. Hours before the resignation, The New York Times reported he had a second extramarital affair with a subordinate, and Reuters subsequently revealed a third; the earlier first affair report involved Alice Huang, who was alleged to be a Chinese spy. The column criticized Silicon Valley's "founder worship" for bringing founder oligarchization and key-person risk from a lack of succession planning, noted that Jensen Huang downplayed the risk of AI going out of control and resisted chip export controls to China, and mentioned that a chip smuggling scandal implicating a federal agency appears set to continue into 2027. The author believes that this month's midterm election results show that the "whatever" era in American politics and business may be coming to an end.

17. 09:42
    Financial Times · AISelected

    Silicon Valley veteran takes over at Nvidia: Harvey Jones as chairman, Colette Kress as CEO

    After Nvidia founder Jensen Huang's unexpected departure, Harvey Jones became the new chairman and Colette Kress became CEO; the two need to stabilize this chip company.

18. 09:17
    WIRED Security and AISelected

    WIRED: Some Nvidia employees call for Jensen Huang's return in internal comments

    Jensen Huang abruptly resigned as Nvidia CEO after multiple reports of extramarital affairs, and some employees are calling on the board to bring him back. Internal communications reviewed by WIRED show that a senior engineer, in an internal suggestion box post submitted before his resignation, urged the board to consider employee sentiment before taking action; the post has attracted more than 1,600 comments, many of them asking for a way to bring Jensen Huang back. Jensen Huang had led Nvidia since founding it in 1993; in an email to employees on Sunday he admitted to being unfaithful to his wife; the board announced his resignation on Thursday morning, after reports that he had an affair with a person suspected of being a Chinese intelligence officer and was alleged to have had a second extramarital affair with a direct subordinate, and Reuters subsequently reported similar allegations involving another employee. The board has appointed CFO Colette Kress as interim CEO and former Synopsys CEO Harvey Jones as chairman. The crisis has wiped $1 trillion off the company's market value, triggered investigations by U.S. lawmakers and the FBI, and increased the likelihood of new chip export controls.

19. 08:07
    Financial Times · AI

    Nvidia CEO Jensen Huang steps down after extramarital affair exposed

    Nvidia CEO Jensen Huang stepped down after an extramarital affair was exposed, drawing a startling close to his thirty-year tenure at the helm of the company. This leader had built Nvidia into the engine of the AI boom.

20. Time not given
    Malay Mail

    Alice Huang, alleged to be a Chinese spy, leaves a trail of shell companies and vacant offices from Singapore to Johor

    Alice Huang, former director of Singapore tech company Megaspeed, was alleged this week to be a Chinese spy, reportedly gathering company secrets for Beijing during a romantic relationship with Nvidia co-founder Jensen Huang; Beijing denies the espionage allegations. Megaspeed is alleged to have helped evade trade restrictions under the guise of purchasing hardware and to have shipped Nvidia chips into China; Singapore police opened an investigation in February 2025 into the company and others suspected of evading or violating export controls; according to Singapore's Ministry of Home Affairs, Huang was banned from entering the country in February 2026 for providing false information to downplay her role at the company. Company records show that Megaspeed's revenue grew from zero to nearly 300 million US dollars within 12 months, and it reportedly handled more than 4 billion US dollars of Nvidia chips over two years, with funding chains running through Singapore, Malaysia and the Cayman Islands, and its business may have benefited from ties to Alibaba. Malaysia announced on Friday an investigation into whether its subsidiary Speedmatrix re-exported imported chips, and Megaspeed said it has hired a US law firm to review compliance.

21. Time not given
    USA TODAYSelected

    Trump said Jensen Huang, who resigned as Nvidia CEO, is "going through hell," and that he believes Huang will make a comeback.

    In an interview released on November 12, Trump said Jensen Huang, who has resigned as Nvidia CEO, is "going through hell," that his wife and family are what he feels most guilty about, and that he believes Huang will make a comeback. Huang stepped down on November 12; he had previously admitted to an extramarital affair with Singapore tech executive Alice Huang, whom U.S. intelligence officials suspect of spying for China, and the two are not related; on November 11, The New York Times further reported that he had an affair with Kimberly Powell, Nvidia's vice president of healthcare. Nvidia is the world's largest AI chipmaker, has launched an investigation into the matter, and its stock has fallen sharply since The New York Times exposed the news on October 29. Trump said the key question is whether the woman is a spy, and that if so, Huang should resign; he also proposed that Apple executive chairman Tim Cook succeed Huang as Nvidia president and CEO.

22. 07:26
    Financial Times · AI

    Investors say the AI boom will still lift Nvidia after Jensen Huang's departure

    Jensen Huang resigned as Nvidia CEO after an extramarital affair was exposed, CFO Colette Kress will take over temporarily, and the company's stock fell as much as 14% intraday on Thursday, closing down 4.3%, wiping out $182 billion in market value. The exposure involves two extramarital affairs, and one of the women is considered by US authorities to be a Chinese spy. Large investors remain optimistic about the outlook; Wellington Management's Matt Witheiler said Nvidia is a $4 trillion company because of last quarter's $100 billion in revenue and 100% year-over-year growth, not because of Jensen Huang himself; Blue Whale fund's Stephen Yiu said the company's relationships with customers and suppliers remain solid, but some top-ten shareholders are concerned about key-person risk.

23. 07:14
    CNBC · TechnologySelected

    After Jensen Huang's resignation, CNBC host Cramer said he betrayed Nvidia shareholders and discussed how to clean up the mess

    After being reported to have had a romantic relationship with an Nvidia executive who reported to him, Nvidia CEO Jensen Huang resigned on Thursday morning; hours later, Reuters reported he had an “intimate relationship” with a second employee. Days earlier, he had acknowledged a relationship with an executive at a Singapore cloud computing company whom U.S. intelligence agencies suspected of spying for China. Longtime CFO Colette Kress became interim CEO; Nvidia shares closed down more than 4% that day, after falling more than 14% at one point. CNBC host Jim Cramer said Huang betrayed shareholders, called his departure necessary to protect Nvidia, and said the new management might be more disciplined in capital allocation, including reducing stakes in Intel ($5 billion invested in 2025) and CoreWeave ($2 billion invested this year) and increasing buybacks. He also warned that investigations into Huang's conduct and possible violations of U.S. chip export restrictions could lead to sanctions that harm international business, and that AI chips from competitors such as AMD are also making progress; AMD shares rose nearly 6% that day.

24. 06:50
    Financial Times · AI

    FT comment: Jensen Huang's fall is an indictment of tech giants' "founder mode"

    NVIDIA co-founder Jensen Huang falls, and the company's market value evaporates 1 trillion dollars in two weeks; FT calls it an indictment of Silicon Valley's "founder mode." He did not rely on super-voting rights, but rather on a compliant board that did not require a designated successor and did not even elect a chairman. The article argues that his arrangements to support neoclouds and open-source AI will face risks, that power may concentrate toward founders such as Zuckerberg and Musk, and that founder mode appears set to shape AI over the long term.

25. 06:29
    WIRED Security and AISelected

    Silicon Valley still stands behind Jensen Huang

    After reports emerged that Jensen Huang had an extramarital affair with Alice Huang, who is alleged to be an intelligence officer for China's Ministry of State Security, and further reports that he was close to two Nvidia employees, he resigned, yet Silicon Valley still largely stands behind him. Authorities and Nvidia's board have not formally accused him of wrongdoing, and China denies the espionage allegations. Two current and three former employees told WIRED that few at the roughly 60,000-person company had thought he would actually leave, and that the resignation news shocked people inside and outside the company; venture capitalists including Antonio Gracias and Sarah Guo publicly voiced support on X. One anonymous founder said Nvidia's recent investments in AI startups and acquisitions such as Hugging Face have supported chip demand, and that replacing him with a professional manager would substantially increase systemic risk; Silicon Valley's biggest worry remains that turmoil at Nvidia could burst the AI bubble, but analysts are not certain. Nvidia's board says it does not believe Jensen Huang leaked confidential information but has hired the law firm Wachtell Lipton to investigate; Trump said the FBI is investigating.

26. 06:14
    WIRED Security and AISelected

    Jensen Huang resigns as Nvidia CEO—will competitors seize the opening?

    Nvidia co-founder Jensen Huang has formally resigned as CEO after acknowledging a relationship with a person alleged to be a Chinese intelligence officer, following earlier reports that he had extramarital affairs with at least two Nvidia employees. In a special episode of WIRED's podcast Uncanny Valley, three editors walked through the board's shift in stance: longtime Nvidia CFO Colette Kress becomes interim CEO, and the company will look for a new permanent leader. Nvidia's stock fell sharply after the announcement; the editors believe competitors will struggle to challenge its position in the short term, but over the long term it may prompt companies such as OpenAI to accelerate their own chip development and reduce dependence on Nvidia. The episode also noted that Jensen Huang will face Senate questioning over his stance on China and the flow of chips, and that China hawks may use the opportunity to push for tougher policy.

27. 05:30
    Atlantic Council

    Beyond the spy scandal: what the Nvidia-Megaspeed affair reveals about export controls

    On the day Jensen Huang stepped down as Nvidia CEO, the Atlantic Council published an article saying the Nvidia-Megaspeed affair exposes the enforcement difficulties of US export controls and the limits of relying on private companies to protect critical technology. According to reports, Singapore-based company Megaspeed imported at least $4.6 billion of Nvidia technology between 2023 and 2025 and is suspected of transshipping restricted chips to China; its former executive Alice Huang is alleged to have been recruited by China's Ministry of State Security; Megaspeed denies wrongdoing, and no one has been charged. The article notes that the Trump administration rescinded the AI Diffusion Rule in 2025, that two draft licensing rules by the Commerce Department were never finalized, and that since 2026 H200 sales to China have proceeded under case-by-case licensing with the government taking 25%. The authors recommend that Congress advance the Chip Security Act and the Remote Access Security Act, hold enforcement hearings, and strengthen public-private counterintelligence cooperation.

28. 05:17
    CNBC · TechnologySelected

    The Nvidia board met to discuss whether to remove Jensen Huang

    According to CNBC, Nvidia CEO Jensen Huang announced his resignation, and the company's stock closed down more than 4%. Previously, the Financial Times said Jensen Huang had an extramarital relationship with Alice Huang, an executive at cloud company Megaspeed, and US intelligence officials believed she was a Chinese spy; The New York Times said on Wednesday that he also had an extramarital relationship with Kimberly Powell, Nvidia's vice president of healthcare, who reports directly to Jensen Huang. Jensen Huang admitted on Sunday that he had had an extramarital affair, CNBC confirmed that the board met on Wednesday to discuss whether to remove him, and US members of Congress have called for his resignation. Bernstein cut its Nvidia target price from 400 USD to 200 USD on Thursday, Wall Street analysts said the stock could fall another 20% if Jensen Huang is removed, and the stock has fallen more than 20% over the past month; the chief investment officer of Questar Capital Partners said the lack of a succession plan makes Nvidia stock uninvestable.

29. 05:04
    SemaforSelected

    After Nvidia scandal, Congress pushes to tighten export controls on advanced chips to China; Senate majority leader says likelihood is very high

    After the Nvidia scandal, bipartisan leaders in the U.S. Congress are pushing to tighten export controls on advanced chips to China, and the measures could be legislated before the end of the year; Senate Majority Leader John Thune said the likelihood of Congress adding restrictions is very high. The Senate version of the NDAA has incorporated three bills: the Chip Security Act, which prevents smuggling of advanced AI chips by, among other means, verifying chip location after shipment; the MATCH Act, which closes loopholes in allied chipmaking equipment and export rules; and the AI Overwatch Act, which would treat chip sales like foreign military sales and subject Commerce Department approvals to congressional oversight, but the two chambers have not yet agreed to write them into the final version. The scandal refers to the exposure of an extramarital affair between former Nvidia CEO Jensen Huang and a person alleged to be a Chinese spy; Nvidia also sold $4 billion in chips to Singapore-based company Megaspeed, which is suspected of transferring technology to China and is under Justice Department investigation. Anthropic has publicly supported the three bills, OpenAI's stance has warmed, and tech industry groups are lobbying against them; Democrats plan to add a provision terminating the war with Iran, which could jeopardize the bill's passage.

30. 04:26
    TechCrunch AISelected

    Reuters reports that Nvidia founder Jensen Huang had a third extramarital affair

    According to Reuters, Nvidia founder Jensen Huang had another previously unreported extramarital affair with an Nvidia employee, and Reuters decided not to disclose the employee's name. After reports of his extramarital affairs with Alice Huang, who was alleged to be a spy, and with Nvidia healthcare vice president Kimberly Powell, Jensen Huang resigned earlier that day as CEO and board member; CFO Colette Kress became interim CEO, and a permanent successor has not yet been determined. Jensen Huang has been asked to appear at a congressional hearing in the coming weeks to testify on the national security implications of his relationship with Alice Huang, and it is not yet clear how much more will be disclosed before the hearing. Reports say his sudden departure is expected to have a major impact on the entire industry.

31. 03:58
    CNBC · Technology

    Nvidia investigates allegations concerning Jensen Huang: former federal prosecutor Joon Kim and Wachtell, Lipton have deep credentials

    Nvidia announced on Tuesday that it has hired former federal prosecutor Joon Kim and his firm Wachtell, Lipton, Rosen & Katz to conduct a thorough and independent investigation into allegations that then-CEO Jensen Huang became a target of foreign intelligence operations, allegations involving his extramarital affair with Alice Huang, whom U.S. intelligence agencies suspect of being a Chinese spy. Jensen Huang resigned as CEO on Thursday morning; previously, The New York Times reported that he also had an extramarital affair with Nvidia executive Kimberly Powell, who reported to him, and this allegation may be included in the scope of the investigation. Kim served twice in the U.S. Attorney's Office for the Southern District of New York, serving as U.S. Attorney for that district from 2017 to 2018; he was previously assigned by the New York State Attorney General to investigate the sexual harassment case against former Governor Cuomo, and a 2021 report found that Cuomo harassed at least 11 women, after which Cuomo resigned; he also presided over an independent review for the FDIC.

32. 03:04
    CBS News · TechnologySelected

    How Jensen Huang's sudden resignation from Nvidia unfolded step by step

    Nvidia's board announced on November 12 that CEO Jensen Huang would resign that day, less than a week after the exposure of his extramarital affair with a woman accused of being a Chinese spy. The woman, Alice Huang, is not related to Jensen Huang; she became managing director of Singapore data center company Megaspeed in 2023, and the company subsequently bought billions of dollars of Nvidia chips and servers; according to financial documents reviewed by Reuters, its assets grew from $33 million in 2023 to $3 billion in 2024. According to The New York Times, U.S. government surveillance showed she appeared to pass information directly to Beijing; Jensen Huang admitted the affair to employees on November 8, and Nvidia's board said it had launched an independent investigation. According to Bloomberg, Singapore investigated Megaspeed and several other companies in February 2025 over suspected false declarations, and in February 2026 barred Alice Huang from re-entering the country; according to Caixin, her husband Kang Wei was detained by Chinese police the same month on suspicion of stock price manipulation.

33. 02:59
    WIRED Security and AI

    Jensen Huang admits to an affair with a businesswoman identified by U.S. intelligence as a spy; Nvidia expects to lose more than $470 billion in two days
34. 02:46
    The Guardian · AISelected

    Nils Pratley: Jensen Huang has lost his position at Nvidia and has no choice but to go

    Nvidia CEO Jensen Huang resigns, CFO Colette Kress becomes interim CEO, and former Synopsys CEO Harvey Jones becomes independent chairman. Guardian financial columnist Nils Pratley argues the board had no choice, citing reasons including: reports that Jensen Huang had an extramarital affair with the Chinese national head of a Singapore company suspected of smuggling Nvidia chips to China, which turned him from a corporate leader into a political liability; Democratic senators have already demanded that documents related to Nvidia's sales of advanced AI chips to China be preserved, and a congressional investigation is inevitable; and his personal lobbying influence on export control policy has also disappeared. The article also mentions the board's long-term reliance on a single leader, and that after the resignation was announced the stock price fell 13% at one point, narrowing to 5% within two hours.

35. 02:39
    TechCrunch AISelected

    Huang's resignation casts doubt on Nvidia's support for open-source AI

    Nvidia CEO Jensen Huang resigned on Thursday after admitting to an affair with Megaspeed executive Alice Huang, who has been accused of being a Chinese spy, raising questions about whether his firm support for open-source AI will continue. He had promoted the Nemotron open-weight models, invested in Reflection AI and Thinking Machines Lab, and led 25 companies in a letter to the US government opposing excessive restrictions on open-weight models. Nvidia has not yet completed its $13 billion acquisition of Hugging Face; Hugging Face CEO Clem Delangue said it will continue to fight for open source regardless of what follows; CFO Colette Kress has become interim CEO.

36. 02:26
    CBS News · TechnologySelected

    Jensen Huang suddenly resigns as Nvidia CEO; analysts and prediction markets discuss the successor

    Nvidia announced that Jensen Huang has resigned as CEO, with Chief Financial Officer Colette Kress serving as interim CEO; the board said it will consider internal and external candidates. Jensen Huang led Nvidia for more than thirty years since co-founding the company, and his resignation came after reports that he had a relationship with a woman suspected of being a Chinese spy. Analysts believe that selecting a successor with both engineering and leadership capabilities will require a broad search; Kress is seen as a qualified interim choice but is generally not favored to take the role permanently. Named candidates include Apple Executive Chairman Tim Cook (who has public support from Trump), Palo Alto Networks CEO Nikesh Arora, Nvidia Data Center Vice President and CUDA inventor Ian Buck, Apple Chief Hardware Officer Johny Srouji, and Arm CEO Rene Haas. On prediction markets, Kalshi traders give Buck the top probability at 35%, while Polymarket has about 50% betting on Cook.

37. 02:06
    SemiAnalysisSelected

    SemiAnalysis author speculates Jensen Huang's resignation is related to GPU smuggling and export controls

    Jensen Huang is no longer Nvidia CEO; the board had previously investigated his conduct and weighed whether he should stay, and Colette Kress became interim CEO. Dylan Patel of SemiAnalysis believes the resignation is directly related to GPU smuggling and export control politics, and his Accelerator Model tracked more than 1.5GW of restricted Nvidia chips ultimately flowing into China, a figure that does not include chips Nvidia specifically built to circumvent U.S. rules. The article says the House passed the RASA bill 369-22 and it is awaiting a Senate vote, with Nvidia and Oracle lobbying heavily against it; the author judges that after Jensen Huang's departure, AI and chip restrictions on China will advance faster, and argues that preserving channels for Chinese labs to use GPUs remotely is more in line with U.S. interests. The article lists two smuggling cases, including Supermicro co-founder Wally Liaw and others accused of transshipping $2.5 billion worth of servers through Southeast Asia, and 9 people in Keelung accused of smuggling 130 B300 servers, of which 74 had reached China.

38. 01:59
    WIRED Security and AISelected

    Nvidia announces Jensen Huang's resignation; market value evaporates by more than $1 trillion in less than a month

    Nvidia announced Jensen Huang's resignation; less than an hour after the announcement, the company's market value had evaporated by about $546 billion, and since the scandal broke its market value has shrunk by more than $1 trillion in total. The scandal began with a late-October New York Times report saying Jensen Huang had close ties to Alice Huang, a former executive at Singapore chip buyer Megaspeed, who is alleged to be an intelligence asset of China's Ministry of State Security; during that period there were also reports that he had a second extramarital affair with an Nvidia employee; on November 8, after Jensen Huang publicly admitted the extramarital affair, Nvidia announced an investigation into its CEO. Nvidia holds about a 90% share of the market for chips used to train frontier AI models; according to regulatory filings as of August, the company held nearly $30 billion in Intel stock and about $21 billion in SpaceX stock; over the past five days AMD shares rose 28% and Broadcom rose nearly 16%. As of March, Jensen Huang held 3.5% of Nvidia shares, and the scandal has reduced the value of his personal stake by more than $50 billion.

39. 01:50
    The Guardian · AISelected

    Jensen Huang leaves Nvidia, shares plunge 13% in early trading, and the foundations of his AI empire face a test
40. 01:44
    The Verge AI

    Nvidia announces Jensen Huang resigns as CEO, scandal far from over

    Nvidia announced on Thursday morning that Jensen Huang has resigned as CEO, after successive media reports of allegations of an extramarital affair with subordinate Kimberly Powell and of the board considering removing him. The Verge columnist Elizabeth Lopatto argues the affair is merely a pretext, and that the real cause is last week's reports that Jensen Huang was enticed in a "honeypot" by suspected Chinese spy and Megaspeed executive Alice Huang, along with chip smuggling allegations. Short seller Culper Research says that in Nvidia's fiscal 2026, more than 20% of compute revenue is still driven by China, relying on illegal GPU transshipment and Southeast Asian intermediaries; Megaspeed is Nvidia's largest Southeast Asian buyer, and its Singapore office was reported to have long been unstaffed. Another indictment alleges that three people including a Super Micro co-founder procured 2.5 billion US dollars of Nvidia chips for Alibaba through a Thai front company.

41. 01:36
    TechCrunch AI

    Hugging Face CEO vows to keep fighting for open-source AI after Nvidia CEO Jensen Huang steps down

    Hugging Face CEO Clément Delangue spoke out about Nvidia CEO Jensen Huang stepping down, calling it a sad day and vowing to continue supporting open-source AI with greater effort. Nvidia announced in September that it would acquire Hugging Face for 12.9 billion dollars, its second-largest acquisition ever, and the deal is still planned to close in the first half of 2027; Reuters reported in October that the U.S. Department of Justice had made inquiries about the deal's impact on competition in the AI market. Nvidia promised to keep supporting the platform's openness after the acquisition, but the deal will also give it control of a major AI model distribution channel. Jensen Huang has long publicly supported open-weight models, and in July posted on X a policy letter co-signed by 25 companies including Microsoft and Meta, urging the U.S. government not to overly restrict open-weight models. TechCrunch analysis said the statement suggests Jensen Huang's departure worries open-source supporters, and Delangue is trying to reassure them.

42. 01:34
    CNBC · TechnologySelected

    Full text of the email to employees from interim Nvidia CEO Kress and Chairman Jones

    After Jensen Huang announced he was stepping down as Nvidia CEO, interim CEO Colette Kress and Chairman Harvey Jones each wrote to employees, expressing gratitude and optimism about the company's prospects. Jones wrote in his email that Jensen Huang had stepped down as CEO and as a director, that the board had asked CFO Kress to serve as interim CEO while it searches for a permanent successor from both internal and external candidates, and that he himself would become the first chairman. Jones said Kress, who has served as CFO for more than 13 years, is a key architect of Nvidia's growth and capital strategy, and the board fully trusts her to deliver on commitments to shareholders, customers, partners and employees. In her email, Kress thanked employees for their resilience and dedication and announced a company meeting at 9 a.m. Pacific Time on November 18. CNBC obtained the two emails from people familiar with the matter.

43. 00:36
    TechCrunch AI

    U.S. House Foreign Affairs Committee chairman says Jensen Huang has agreed to testify before Congress

    Former NVIDIA CEO Jensen Huang has agreed to testify before the U.S. Congress before Thanksgiving, and House Foreign Affairs Committee Chairman Brian Mast said the testimony will be behind closed doors. According to Bloomberg and NBC News, Huang agreed on Wednesday to testify after several senior lawmakers threatened to issue a subpoena; previously, three House Republican lawmakers—Mast, John Moolenaar, and Rick Crawford—sent a letter on November 4 requesting that he appear at hearings of their respective committees; the three lead the House Foreign Affairs Committee, the House Select Committee on the Chinese Communist Party, and the House Intelligence Committee, respectively. Mast told reporters that he and Huang have deep disagreements on export controls, but NVIDIA is very important to the United States and Huang has some very serious questions to answer; he expects the closed-door briefing to be videotaped and transcribed. According to previous reports, Huang was rumored to be involved with a woman suspected of spying for China, and subsequently stepped down as NVIDIA CEO.

44. 00:32
    TechCrunch AISelected

    TechCrunch author analyzes five ways Jensen Huang's removal could harm the AI industry

    Nvidia's board of directors removed CEO Jensen Huang on Thursday, after he admitted to an extramarital affair; one of his mistresses is suspected by the U.S. government of being a Chinese spy, and the Singapore neocloud company she is affiliated with is also suspected of smuggling Nvidia chips to China. The author believes his departure could weaken the industry's momentum in five ways: open-weight models lose their most active advocate, and Nvidia has agreed to acquire Hugging Face for 12.9 billion USD (expected to close in the first half of next year, pending regulatory approval); the Open Agent Safety Platform industry self-regulation effort, joined by more than 100 companies, loses its leading spokesperson; his position that AI is a controllable engineering system rather than a living entity loses its loudest voice; the high-end AI PC launched during the holiday season and aimed at running agents locally loses its main promoter; and according to Bloomberg, as of July Nvidia had committed about 750 billion USD in circular deals (taking stakes in customers to help them buy chips) to support data center financing. A Republican committee chair has subpoenaed him to testify behind closed doors on the security implications.

45. 00:30
    The Verge AI

    Nvidia CEO Jensen Huang resigns. What does China want from him?

    Jensen Huang resigns as Nvidia CEO over a scandal involving his relationship with a person alleged to be a Chinese spy. The Verge Decoder aired an interview with Brookings Institution fellow Kyle Chan, who argued that China is more likely to want to use this to understand or influence U.S. policymaking, especially export controls, because Huang has close ties to Trump; Alice Huang, alleged to be a Chinese spy, is an executive at Nvidia customer Megaspeed, which has a data center in Malaysia and could become a channel for Chinese AI companies to obtain cutting-edge chips such as Blackwell. According to reports, U.S. intelligence agencies warned the Trump administration a year ago; the Commerce Department investigation was transferred to the Justice Department after a letter from Nvidia's general counsel and stalled; Trump said yesterday that the FBI is investigating; calls for congressional investigation are growing and shareholder lawsuits have already emerged. Chan also analyzed that China focuses more on the diffusion of AI technology than on the frontier race, betting on domestic chips such as Huawei and open-source models, and that this scandal may give the side favoring tighter export controls the upper hand in the U.S. debate.

46. 00:17
    The Guardian · AISelected

    From Denny's dishwasher to AI rock star: the rise and fall of Nvidia's Jensen Huang

    Nvidia CEO Jensen Huang resigned on Thursday after being alleged to have had affairs with a Chinese spy and a company executive, and the company's market value fell back to about 4 trillion dollars this week. Huang founded Nvidia in 1993 with Chris Malachowsky and Curtis Priem at a Denny's restaurant, and in 1999 launched the GeForce 256, widely regarded as the world's first GPU; in 2012, University of Toronto researchers trained AlexNet on Nvidia GPUs, regarded as a key moment in the history of modern AI. Half a year after ChatGPT's release, Nvidia's market value reached 1 trillion dollars in May 2023, and last October it became the first company to reach a market value of 5 trillion dollars. According to Bloomberg, Huang holds 3.6% of the company's shares, with wealth of about 145 billion dollars, ranking 13th in the world.

47. 00:12
    TechCrunch AI

    Trump proposes that Apple Executive Chairman Tim Cook succeed Jensen Huang as Nvidia CEO

    After news emerged that Nvidia CEO Jensen Huang resigned, U.S. President Trump posted on Truth Social that only one person can succeed Huang, namely Apple's Tim Cook, and wrote "one legend succeeds another." Cook had already stepped down as Apple CEO on September 1, 2026, ending 15 years at the helm and moving to executive chairman of the board, continuing to deal with global policymakers and manage international relations including relations with China; John Ternus succeeded him as Apple CEO. Yale School of Management scholar Jeffrey Sonnenfeld also wrote in Time on Wednesday, listing Cook as one of the potential candidates and saying he has an unmatched track record in succeeding an extraordinary founder like Steve Jobs. The article says it is impossible for outsiders to judge whether Trump agrees with this view or was just floating an idea.

48. 00:01
    TIMESelected

    Trump wants Apple's Tim Cook to succeed Jensen Huang as NVIDIA CEO
49. 00:01
    WeChat · QbitAISelected

    At the helm of Nvidia for 33 years, Jensen Huang resigns as CEO; CFO Colette Kress becomes interim CEO

    Nvidia announced that Jensen Huang has resigned as the company's president, chief executive officer and director, effective immediately, and that current executive vice president and CFO Colette Kress will serve as interim CEO until a permanent successor is appointed. Jensen Huang co-founded Nvidia in 1993 and had led the company for 33 years; the board has launched a formal CEO search that will consider both internal and external candidates, and has appointed Harvey C. Jones, former CEO of Synopsys, as the company's first board chair in its history. After the announcement, Nvidia's premarket share price at one point fell to $150.13, down about 13.58% from the previous trading day's close; after the open the decline exceeded 10%, and as of publication it had narrowed to 4.63%. Kress has worked at Nvidia for more than 13 years and previously worked at Cisco, Microsoft and Texas Instruments. Nvidia also confirmed that it will report third-quarter fiscal 2027 results on November 17 as originally scheduled.

50. 00:01
    WeChat · AI Era (Xinzhiyuan)Selected

    Jensen Huang resigns as Nvidia president, CEO and director; CFO Colette Kress becomes interim CEO

    Nvidia announced on November 11 that Jensen Huang has resigned from all his roles as president, chief executive officer and board member, effective immediately, and that the company filed an 8-K with the US Securities and Exchange Commission the same day. Colette Kress, 59, executive vice president and CFO, becomes interim CEO while continuing as CFO until a permanent choice is made; she has led Nvidia's finance for 13 years. Harvey C. Jones, 73, a director since 1993, becomes the first chairman in Nvidia's history. The search for a permanent CEO has begun and will consider both internal and external candidates. Jensen Huang founded Nvidia in 1993 and led it for 33 years; Nvidia will report earnings on November 17, its first results since his departure.

1. 23:56
   Financial Times · AI

   UK media: Jensen Huang's departure could deepen the US-China technology rift

   The UK's Financial Times published a comment piece saying that the crisis facing Nvidia CEO Jensen Huang will hit the AI industry. The article argues that Huang's departure could deepen the technology rift between Washington and Beijing.

2. 23:48
   The Verge AISelected

   Jensen Huang resigns as Nvidia CEO: full text of internal email on "exceptionally difficult period"

   Jensen Huang resigns as Nvidia CEO and from the board; CFO Colette Kress becomes interim CEO, and Harvey Jones serves as the company's first chairman. The resignation came after the board opened an investigation into Huang's multiple extramarital affairs with a direct subordinate and a person alleged to be a Chinese spy. The Verge published the full text of the board statement and Kress's first letter to employees: the board will conduct an internal and external search for a permanent successor and expressed full confidence in Kress's ability to lead the company in fulfilling its commitments to shareholders, customers and partners; in the letter, Kress thanked employees for their resilience and professionalism during an "exceptionally difficult period" and announced a company meeting on November 18 at 9 a.m. Pacific Time.

3. 23:46
   CNBC · TechnologySelected

   Jensen Huang leaves Nvidia, raising key questions about the future of AI

   Nvidia CEO Jensen Huang is leaving the company he co-founded 33 years ago after two rounds of exposed extramarital affair scandals, with CFO Colette Kress serving as interim CEO and Harvey Jones as chairman, after the board had already opened an investigation into his conduct and its potential national security implications. According to The New York Times, citing people familiar with the matter, a woman involved with Huang was assessed by US intelligence as having been recruited by China's Ministry of State Security to gather information about him; the woman has business ties to Singapore cloud computing company Megaspeed International, which is under scrutiny for allegedly helping billions of dollars of restricted Nvidia chips flow into China, and multiple US lawmakers have called for an investigation and for Huang to resign. The report described how Huang personally dominated GPU allocation and project financing and how the company had no second-in-command; Nvidia's stock price is heading for a sixth consecutive weekly decline, and the company will report earnings on Tuesday, with analysts expecting revenue to grow 92% year over year to $109.2 billion, according to LSEG data. Nvidia did not respond to multiple requests for comment.

4. 23:37
   TechCrunch AISelected

   Jensen Huang resigns as Nvidia President and CEO; CFO Colette Kress becomes interim CEO

   Nvidia's board announced that co-founder and CEO Jensen Huang, who led the company for 33 years, has resigned as President, CEO and from the board, effective immediately, and that CFO Colette Kress will serve as interim CEO. According to reports, Huang stepped down after being exposed for having affairs with a person alleged to be a Chinese spy and with a person who was a direct subordinate at Nvidia; he had never previously formulated a succession plan. The company, valued at about $3.8 trillion, will be led by Kress while it searches for a permanent successor. Kress has worked at Nvidia since September 2013; previously she was SVP and CFO of the Business Technology Operations finance organization at Cisco, and she worked at Microsoft for 13 years, including 4 years as CFO of the Server and Tools division; according to Forbes, the 59-year-old Kress has a net worth of about $1.2 billion. In a statement, she said she will work with the leadership team to continue advancing accelerated computing and the AI business on the foundation laid by Huang.

5. 23:01
   SemaforSelected

   Nvidia CEO Jensen Huang removed; CFO Colette Kress serving as interim CEO
6. 22:48
   X @MinLiBuilds

   X account posts that Jensen Huang has stepped down as Nvidia CEO, with a terafab promotion appended at the end of the post

   X account @MinLiBuilds posted that Jensen Huang stepped down on November 12, 2026 from the roles of Nvidia president, CEO and director, ending 33 years of leadership, and that the board decided Colette Kress would temporarily oversee the company's administration. The post is written throughout in the style of an obituary, ends with a promotion to "join terafab, Musk welcomes you," and a quoted post says now is an opportunity to buy $NVDA. The identity of the posting account has not been identified, and the claim of resignation remains unverified.

7. 22:36
   CNBC · TechnologySelected

   Who is Colette Kress? Nvidia CFO becomes interim CEO after Jensen Huang resigns

   Nvidia CFO Colette Kress is temporarily running the world's most valuable chip company after Jensen Huang's sudden resignation; Nvidia has not yet announced a succession plan, saying the board is considering internal and external candidates. Kress joined Nvidia in September 2013, previously worked in finance at Cisco, Microsoft and Texas Instruments, and has long appeared alongside Jensen Huang on earnings calls. The turmoil began on Sunday when Jensen Huang publicly apologized for being unfaithful to his wife, after reports that he had an affair with Chinese businesswoman Alice Huang, whom U.S. intelligence suspected of being a spy, and on Wednesday evening The New York Times reported a second extramarital affair, with employee Kimberly Powell. After the news was announced, Nvidia shares fell 14% on Thursday and were on track for a sixth consecutive weekly decline this week, the longest losing streak since 2012. Analyst Dan Ives believes Kress may serve on an interim basis for about a year, with the permanent choice coming from outside the company; Nvidia is scheduled to report quarterly results on Tuesday.

8. 22:30
   TechCrunch AISelected

   Jensen Huang admits extramarital affair and resigns as Nvidia CEO

   Nvidia confirmed in an SEC filing that the board has accepted CEO Jensen Huang's resignation, with CFO Colette Kress serving as interim CEO. The scandal stems from Jensen Huang admitting infidelity to his wife of 40 years; US officials believe Megaspeed executive Alice Huang, who is close to him, is a Chinese spy feeding information back to Beijing; the Singapore-based company reportedly purchased $4.8 billion of Nvidia chips over the past two years, and the US and Singapore had previously opened investigations into it over suspected violations in providing chips to China. The New York Times, citing five Nvidia employees, reported that Jensen Huang also had an extramarital affair with Kimberly Powell, vice president of healthcare who reports directly to him; Nvidia, Jensen Huang and Powell have not confirmed this; the Wall Street Journal reported that the board was preparing to remove Jensen Huang. Three Republican House committee chairs demanded that Jensen Huang receive a closed-door briefing on the matter, and House China Committee chair Moolenaar said a subpoena could be issued if he refuses; Jensen Huang wrote to employees on November 8 publicly acknowledging the infidelity, and the next day Nvidia's stock fell more than 5%.

9. 22:28
   CNBC · TechnologySelected

   Analyst Ives says Nvidia faces a dark day; board meets to discuss Jensen Huang's future

   Nvidia's board is meeting to decide whether to remove CEO Jensen Huang, who has led the company for more than 30 years; the company has not made a public statement, and analysts at multiple institutions have commented on his future. The stock has fallen 7% this week and was down about 5.4% more in premarket trading on Thursday. The New York Times reported on Wednesday that Jensen Huang had a second extramarital affair with an employee; he had earlier acknowledged a romantic relationship with a woman whom U.S. intelligence agencies believe is a Chinese spy. Dan Ives estimates Nvidia is worth $300 per share with Jensen Huang in place and $225 if he leaves; Citi cut its target price from $285 to $225 and said CFO Colette Kress could serve as interim CEO. Several analysts criticized the board for lacking a succession plan, UBS warned of the risk of concentrated holdings in tech stocks, and Bill Blain of Wind Shift Capital warned that Jensen Huang's departure could trigger another crash.

10. 22:22
    Financial Times · AI

    Nvidia CEO Jensen Huang departs; will the AI industry pay a price?

    Nvidia CEO Jensen Huang departs; the Financial Times analyzes that this change could unravel the network of financial dependencies that has fueled the AI boom.

11. 22:17
    WeChat · Synced (Jiqizhixin)Selected

    Jensen Huang resigns as Nvidia CEO, Colette Kress becomes interim CEO

    On November 12, the Nvidia board announced that co-founder and CEO Jensen Huang has resigned as president, chief executive officer and board member, effective immediately. CFO Colette Kress becomes interim CEO while continuing as executive vice president and chief financial officer, and the board has begun a formal CEO search that will consider both internal and external candidates. The company also appointed Harvey C. Jones, a director since 1993, as its first-ever board chair, and he expressed the board's support for the interim CEO and management team. Nvidia will report financial results for the third quarter of fiscal 2027 on November 17 Pacific Time as originally scheduled. The article also reviews Jensen Huang's 33-year tenure, from co-founding Nvidia in 1993, launching the GeForce 256 in 1999 and releasing CUDA in 2007, to delivering the first DGX-1 to OpenAI in 2016, leading the company from a graphics chip maker to a leader in AI computing.

12. 22:14
    WIRED Security and AISelected

    Nvidia appoints Colette Kress as interim CEO

    The Nvidia board announced on Thursday that it has appointed long-serving CFO Colette Kress as interim CEO, succeeding co-founder Jensen Huang, who resigned over an extramarital affair scandal. According to The New York Times, Alice Huang, who had an extramarital affair with Jensen Huang, is suspected by U.S. officials of being an intelligence officer of China's Ministry of State Security; the newspaper also reported that U.S. authorities are investigating whether a company associated with Alice Huang helped Chinese companies circumvent chip export controls; the Nvidia board announced on Sunday that it had launched an independent investigation into Jensen Huang. Kress joined Nvidia in 2013 and previously worked in finance at Microsoft, Cisco, and Texas Instruments for more than twenty years; analysts believe she is familiar with the company's finances and has credibility on Wall Street, making her a reasonable choice to succeed him. The report also mentioned that other potential successors include CUDA creator Ian Buck and Jeff Fisher of the GeForce division, but a former executive said she lacks Jensen Huang's engineering technical expertise.

13. 22:14
    X @jiqizhixin (Synced)Selected

    NVIDIA announces CEO change: Jensen Huang steps down, CFO Colette Kress becomes interim CEO

    NVIDIA announces CEO change: Jensen Huang steps down as CEO, CFO Colette Kress becomes interim CEO, and Harvey C. Jones becomes chair of the board. Machine Heart reports, citing the leadership change announcement published by the NVIDIA Newsroom; the original announcement is at https://nvidianews.nvidia.com/news/nvidia-announces-ceo-transition。

14. 22:11
    The DecoderSelected

    Jensen Huang resigns as Nvidia CEO, after The Wall Street Journal reported the board planned to dismiss him

    On November 12, 2026, Jensen Huang announced he was resigning effective that day as Nvidia CEO, president and director; CFO Colette Kress is serving as interim, and the board is searching for a permanent successor. Previously, The Wall Street Journal reported that the board planned to remove Huang after two extramarital affairs were disclosed, one of them with a person suspected of being a Chinese spy; since The New York Times reported on October 29 that he might be linked to Chinese intelligence agencies, Nvidia's market value has evaporated by about 1.4 trillion USD. Harvey C. Jones will become the first independent chairman, saying business operations are unaffected. The report analyzed that Huang supported Nvidia's market position through alliances with financial parties and about 300 billion USD in guarantees to smaller customers, and that his departure could cause this structure to unravel; major customers such as Microsoft, Amazon, Alphabet, OpenAI and Anthropic rely heavily on Nvidia chips, but the 75% profit margin is pushing them to develop cheaper in-house alternatives.

15. 22:10
    SemaforSelected

    Author comments that Jensen Huang's departure may end the "Nvidia put"

    Jensen Huang resigned as Nvidia CEO on Thursday, and a Semafor columnist says this ends the "Nvidia put" that backstopped the AI ecosystem. The author, Liz Hoffman, says Huang long backstopped the hardest-to-support parts of the AI sector through investments, acquisitions, hiring and guarantees, and that this role kept the AI financing market running. The article lists Nvidia guaranteeing more than $100 billion in data center leases and holding $51 billion in private company stock and $63 billion in public company stock. The author argues the successor will face high risk comparable to Tim Cook succeeding Steve Jobs and will be subject to stricter board constraints, and that AI debt and equity costs will rise, making the AI buildout more expensive for everyone.

16. 21:58
    WIRED Security and AISelected

    Jensen Huang resigns as NVIDIA CEO

    Jensen Huang resigned Thursday as NVIDIA president, CEO and board member, effective immediately, and CFO Colette Kress will serve as interim CEO. The resignation came four days after the company announced on November 8 an investigation into his extramarital affair with Alice Huang; The New York Times and the Financial Times reported that she is accused of being recruited by China's Ministry of State Security to collect information on Jensen Huang, and the Chinese government denies the allegations. WIRED, citing people familiar with the matter, said the alleged relationship with a subordinate and business dealings with Megaspeed, the Singapore AI company where Alice Huang was an executive, may explain the board's removal decision better than the espionage allegations. Jensen Huang has acknowledged the affair in an all-staff email and promised to cooperate with the investigation. According to The New York Times, the US Commerce Department had investigated whether Megaspeed helped Chinese companies evade export controls, and the investigation was transferred to the Justice Department after NVIDIA's general counsel intervened; Jensen Huang has long publicly criticized export controls.

17. 21:53
    The Verge AISelected

    Nvidia CEO Jensen Huang resigns over spy and extramarital affair scandal

    The Nvidia board announced that Jensen Huang has resigned as CEO, president and director, effective immediately, after he was revealed to have had two extramarital affairs, one of the parties to which is accused of being a Chinese intelligence officer. CFO Colette Kress becomes interim CEO, former Synopsys CEO Harvey C. Jones becomes the company's first chairman in its history, and the board will search for a permanent CEO. According to The New York Times, the party involved is Alice Huang, an executive at Singapore cloud service provider and major Nvidia customer Megaspeed, who is accused of passing information to China's Ministry of State Security, focusing on intelligence about advanced US AI chips and attempting to influence technology provided to China; Jensen Huang has acknowledged in an employee memo that he was unfaithful to his wife and apologized. The other extramarital affair was with Kimberly Powell, vice president of the healthcare business who reports directly to Jensen Huang. Jensen Huang has led this major supplier of AI chips since 1993, and there is external questioning over whether the scandal affected his push to sell advanced chips to China, or even affected Trump's decisions on AI export controls.

18. 21:53
    The Verge AISelected

    NVIDIA CEO Jensen Huang resigns amid espionage allegations and extramarital affair scandal

    The NVIDIA board announced that founder Jensen Huang has resigned as CEO, president and director, effective immediately, and that CFO Colette Kress will serve as interim CEO, after two extramarital affairs were exposed. According to The New York Times, one relationship was with Alice Huang, an executive at Singapore cloud service provider Megaspeed, who is accused of collecting intelligence on advanced US AI chips for China's Ministry of State Security; the other was with Kimberly Powell, a vice president of healthcare who reported directly to Jensen Huang. Jensen Huang has acknowledged infidelity to his wife and apologized in a memo to employees. The board appointed former Synopsys CEO Harvey C. Jones as the company's first-ever chairman and launched a permanent CEO search, with reported candidates including Kress, AMD CEO Lisa Su and Arm CEO Rene Haas, among others.

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