NVIDIA's founder Jensen Huang has resigned as CEO and director.

NVIDIA Announces CEO Transition | NVIDIA Newsroom
https://nvidianews.nvidia.com/news/nvidia-announces-ceo-transition


Jensen Huang, who founded NVIDIA in 1993, has led the company for many years. However, on November 8, 2026, local time, he publicly apologized after acknowledging his extramarital affair with Alice Huang, who was determined by U.S. authorities as a spy. On the same day, the board of directors stated that it would begin an independent investigation following reports that the founder and CEO, Jensen Huang, was targeted by foreign intelligence agencies.

NVIDIA's CEO Jensen Huang admits to affair with Chinese spy Alice Huang & board starts investigation - GIGAZINE


Alice Huang is a senior executive at Singapore-based Megaspeed and has been reported to have shipped $10 billion worth of NVIDIA's high-performance AI chips to China illegally. Note that Alice Huang and Jensen Huang share the same surname but have no blood relation.

Jensen Huang's affair led to suspicions of over $10 billion in NVIDIA semiconductors being shipped to China - GIGAZINE


According to NVIDIA's announcement, Jensen Huang has resigned as CEO and director as of November 12, 2026.

NVIDIA's board of directors is beginning the search for a successor CEO from both internal and external candidates. Until a formal CEO is appointed, the Executive Vice President and Chief Financial Officer (CFO) Colett Kress will serve as interim CEO.


Also, Harvey C. Jones, a member of the board of directors, will be appointed as NVIDIA's first chairperson.


Kress commented, "NVIDIA's strength lies in its people. I will strive to further develop the excellent foundation that Jensen has built over the past 33 years with the management team. I will continue to advance the initiatives that have made NVIDIA a leader in accelerated computing and AI, fully utilize future opportunities, and focus on contributing to our customers, partners, developers, and shareholders."

C·Jones stated, "Corlett has driven NVIDIA's remarkable growth and deeply understands our business, customers, operations, and financial situation. Corlett has been supported by an experienced executive team with a strong track record in strategy execution and advancing the technical roadmap. The board fully trusts Corlett and the executive team, and is confident that NVIDIA's business operations, commitment to customers, and product roadmap will continue smoothly in the future."

NVIDIA noted in the closing statement, "Jensen's contributions to NVIDIA are incalculable. NVIDIA is one of the most influential technology companies in the world. The board and the company express their gratitude for Jensen's extraordinary contributions to his company and the industry."

The 2027 third-quarter earnings release, originally scheduled for 1:20 PM Pacific Standard Time on November 17, 2026 (6:20 AM Japan Time), will proceed as planned.