Nvidia CEO Jensen Huang Resigns: What Is Confirmed and What Is Not
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Nvidia CEO Jensen Huang Resigns: What Is Confirmed and What Is Not

Jensen Huang has resigned as Nvidia CEO

On November 12, 2026, Nvidia announced that Jensen Huang resigned as President, Chief Executive Officer and member of the Board, effective immediately. He had led the company for 33 years. This is confirmed by Nvidia's own press release.

  • Interim CEO: Chief Financial Officer Colette Kress will serve as interim CEO while keeping her CFO role.
  • New board chair: Harvey C. Jones, former CEO of Synopsys, becomes the first-ever Chair of Nvidia's Board.
  • Succession: The board has started a search for a permanent CEO, considering internal and external candidates.
  • Continuity: Nvidia says it expects operations, customer commitments and the product roadmap to continue without interruption.
  • Earnings: The Q3 fiscal 2027 earnings call remains scheduled for November 17, 2026.

Nvidia's announcement does not state a reason for the resignation.

Why it happened, according to news reports

Major outlets link the resignation to a scandal that became public in recent days. CNBC reports that Huang admitted to an extramarital relationship with Alice Huang (no relation), an executive at the cloud company Megaspeed. The following claims are reported by media outlets but have not been confirmed by Nvidia or by Huang:

  • U.S. intelligence is reported to suspect that Alice Huang is a Chinese spy (reported by the Financial Times and others). This is an allegation only.
  • The New York Times reported a further relationship with an Nvidia executive, and Reuters reported an "intimate relationship" with another employee. These are unconfirmed reports.

These are reports and allegations, not established facts, and should be read as such.

Market reaction

Nvidia shares closed down 4.34% on Thursday after falling as much as 14% during the day, and the company remained above a $4 trillion market value. Bernstein cut its price target from $400 to $200, according to CNBC. U.S. lawmakers had called for Huang's resignation beforehand.

Is Nvidia "under Israel"? No.

Nvidia is an independent, U.S.-based public company. We found no evidence that it is owned or controlled by Israel or by the Israeli state. The claim appears to come from Nvidia's large Israeli presence, which is a business fact, not ownership:

  • Nvidia acquired the Israeli networking company Mellanox (announced 2019, completed 2020).
  • Israel hosts a major Nvidia engineering operation with thousands of employees (reports range from about 5,000 to 6,500), focused on networking and data-center technology such as BlueField. Nvidia is building a new campus in Kiryat Tivon.
  • Nvidia's chips are not manufactured in Israel.

Commentary that links Kress's appointment or Nvidia's business to Israel describes commercial ties, not control.

What to watch next

Three things: the November 17 earnings call, any announcement of a permanent CEO, and whether Nvidia or authorities confirm or refute the spy-related reports.

Sources

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