Nvidia Shares Sink Nearly 15% After CEO Jensen Huang Resigns Nauman Khan Thu, November 12, 2026 at 10:51 AM EST 1 min read NVDA -5.04% Trade NVIDIA on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Nvidia (NASDAQ:NVDA) said finance chief Colette Kress has agreed to serve as interim chief executive after founder and longtime CEO Jensen Huang resigned.
The Wall Street Journal reported that Huang left after two extramarital affairs, meaning relationships outside his marriage. One was with a woman suspected of being a Chinese spy, meaning an agent for a foreign government, and the other was with a company employee.
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The report said the move followed a company investigation into the relationship involving the suspected spy. The Journal also explored what is at stake for Nvidia and the broader artificial intelligence industry now that Huang, who led the company for 33 years, is gone.
Kress will serve as interim CEO, meaning a temporary leader, while remaining finance chief until a permanent successor is named, according to the release. The board has started a search for the companys next chief executive and plans to weigh both internal and external candidates.
Nvidia shares slid nearly 15% in Thursday morning trading after news of the leadership change became public.
