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2026-11-12T17:48:55.000Z

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Nvidia Drops as CEO Quits

Nvidia Drops as CEO Quits

Nvidia shares fell more than 11% in pre-market trading Thursday after co-founder Jensen Huang resigned as chief executive, five days before the company’s scheduled third-quarter earnings report. Chief Financial Officer Colette Kress will serve as interim CEO, and Harvey C. Jones was appointed board chair; Huang is also leaving the board. His departure follows reports of two extramarital affairs, including one involving a woman U.S. intelligence officials reportedly suspect of working for Chinese intelligence, prompting Nvidia’s board to investigate national-security concerns.

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