Nvidia CEO Jensen Huang resigns amid alleged affair with suspected spy; CFO to serve as interim chief executive

BUSINESS Nvidia CEO Jensen Huang resigns amid alleged affair with suspected spy The company is initiating a search for a permanent CEO, Nvidia said. By Max Zahn Thursday, November 12, 2026 2:53PM Nvidia CEO Jensen Huang is resigning after his affair raises national security concerns. AP Photo/Markus Schreiber Nvidia CEO Jensen Huang has resigned, the tech giant announced Thursday. The resignation comes amid reports of Huang's alleged affair with a suspected Chinese spy. Colette Kress, current executive vice president and chief financial officer, has agreed to take over as interim CEO, the company said in a statement . "The Board has full confidence in Colette and the leadership team, and we expect the company’s operations, customer commitments and product roadmap to continue without interruption," said Harvey Jones, chair of the NVIDIA Board of Directors, in a statement. The Nvidia board is launching a search for a permanent CEO, and it will consider both applicants from within and outside the company, the statement said. Nvidia CEO Jensen Huang resigns amid alleged affair with suspected spy; CFO to serve as interim chief executive 7 minutes ago Rescue operations underway after building collapses in Brooklyn, New York: FDNY 1 hour ago 5 people are shot in the trendy Logan Circle neighborhood of the nation’s capital, police say 10 minutes ago Huang's resignation came days after the company announced an investigation into him over the alleged affair. Shares of Nvidia sank more than 13% in early trading on Thursday. This is a developing story. Please check back for updates. Report a correction or typo Copyright © 2026 ABC News Internet Ventures. Related Topics BUSINESS U.S. & WORLD CHINA TECHNOLOGY STOCK MARKET RELATIONSHIPS INVESTIGATION Watch Live ON NOW At least 8 dead, multiple injured after building collapses in Brooklyn 1 hour ago 5 people shot in DC's Logan Circle neighborhood, police say 10 minutes ago Investigation underway as Aurora building collapse injures 3 Several inches of snow accumulation possible in parts of area Friday 3 hours ago Chicago target of alleged Chinese espionage in O'Hare airport case