Jensen Huang Resigns as Nvidia CEO

Jensen Huang, co-founder and CEO of U.S.-based chipmaker Nvidia, resigned from his position on November 12, 2026, following allegations involving extramarital affairs and national security concerns. The company's Chief Financial Officer, Colette Kress, was appointed interim CEO, while Huang reportedly agreed to testify before the U.S. Congress in a closed-door session addressing national security issues.

Nvidia announced that Jensen Huang had resigned from his positions as CEO, president, and member of the board of directors, effective immediately. Huang, who had led the company since its founding in 1993, stepped down in a move that triggered a leadership transition at one of the leading manufacturers in the artificial intelligence chip market.

According to the company's statement, Colette Kress, who has worked at Nvidia since September 2013, will continue serving as Chief Financial Officer and Executive Vice President until a permanent CEO is appointed. The board of directors has initiated a selection process to evaluate both internal and external candidates.

Allegations Against Jensen Huang Prompt Investigation

The resignation followed reports concerning Huang's extramarital relationships. One of the allegations centered on his relationship with Alice Huang, a former executive at Singapore-based data center company Megaspeed. U.S. authorities were reportedly investigating suspicions that Alice Huang may have connections to Chinese intelligence. However, the alleged intelligence links have not been established as confirmed findings.

In a message sent to Nvidia employees on November 8, Jensen Huang acknowledged that he had been unfaithful to his wife and apologized to his family and colleagues. Huang stated that the company's board of directors had launched an independent investigation into the national security concerns and announced that he would cooperate with the investigation.

U.S. Congress to Hear Huang's Testimony

Following the leadership changes at Nvidia, the U.S. Congress also became involved in the matter. Brian Mast, Chairman of the House Foreign Affairs Committee, announced that Jensen Huang had agreed to provide sworn testimony during a closed-door session concerning national security.

Mast said the session was expected to take place before the Thanksgiving holiday, although an exact date had not yet been determined. In addition to the House Foreign Affairs Committee, the House Select Committee on China and the House Intelligence Committee are expected to participate in the proceedings. Huang's testimony is expected to be video-recorded and formally documented.

Nvidia Shares Decline

The leadership transition triggered significant selling pressure on Nvidia shares. The company's stock fell by as much as 12% during the trading session. After recovering some of those losses, the shares were trading approximately 4.8% lower at the time of publication.

Given Nvidia's position in graphics processing units used in artificial intelligence infrastructure and data center technologies, the implications of the leadership transition are also being assessed by the company's suppliers, customers, and investors. Huang's departure comes amid ongoing discussions surrounding U.S. policies restricting exports of advanced semiconductors to China.

Harvey C. Jones, a longtime member of Nvidia's board of directors, was appointed Chairman of the Board. Nvidia has not yet announced a decision regarding its permanent CEO. Following the leadership transition, the company aims to maintain its existing operations and product development plans.

Who Is Jensen Huang? Who Is Jensen Huang's Girlfriend?

Born in Taiwan in 1963, Jensen Huang is a co-founder and former CEO of U.S.-based technology company Nvidia. Huang studied electrical engineering at Oregon State University and earned his master's degree from Stanford University. He previously worked at AMD and LSI Logic before founding Nvidia in 1993, where he played a leading role in the company's growth in graphics processing units and artificial intelligence technologies.

Alice Huang, who has been identified in reports as Jensen Huang's girlfriend, is a former executive at Singapore-based data center company Megaspeed. U.S. intelligence agencies were reportedly investigating suspicions that Alice Huang may have engaged in espionage on behalf of China, although these allegations have not been substantiated. Reports have also emerged alleging that Jensen Huang had an extramarital relationship with Kimberly Powell, Nvidia's Vice President of Healthcare.

Jensen Huang, who is married, resigned as Nvidia CEO on November 12, 2026, following the allegations surrounding his relationships.