EconomyStocks Fall as Huang Resigns and Nvidia Turns to CFO
Stocks fell as Jensen Huang resigned and Nvidia turned to its chief financial officer.

President and CEO of Nvidia Corporation (1993–present)
President and CEO of Nvidia Corporation (1993–present)
| Title | President and CEO of Nvidia Corporation (1993–present) |
|---|---|
| Born | 1963-02-17 · Taipei |
| Citizenship | Taiwan, United States |
| Education | Oregon State University (BS) Stanford University (MS) |
| Known for | Nvidia |
| Awards | IEEE Founders Medal, VinFuture Prize, Edison Award, Primetime Engineering Award, Queen Elizabeth Prize for Engineering, IEEE Medal of Honor |
| Family | Relative: Lisa Su |
Portrait: The White House · Public domain · Wikimedia Commons
What this person said on the record, as reported, newest first.

After several senior lawmakers threatened to subpoena him, Huang agreed to testify on Wednesday. He was ousted as CEO following reports of an alleged affair with a woman suspected of spying for China.
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TechCrunch

Once hailed as the “Taylor Swift of tech,” Huang is embroiled in scandal over an affair with a woman suspected of being a Chinese spy.
BBBC News

Nvidia CEO Jensen Huang said neoclouds face incredible demand for computing and called them a good investment. He said they need more working capital as demand for computing and AI rises, but is confident they will find solutions while demand remains high.
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Bloomberg Television
Reports that mention this person, by story.
Stocks fell as Jensen Huang resigned and Nvidia turned to its chief financial officer.

The episode explores a billionaire, affairs and an alleged honey trap run by the Chinese government. Hosts Vlad and Kelly speak with former intelligence officer and historian Mark Jacobson and investigative journalist and “The Game” author Neil Strauss about how spies use attraction, ego and emotions to approach powerful people—and how pillow talk can expose secrets.

Cramer said Thursday that without Huang, Nvidia would not be better; it would simply be different.

A three-story building collapsed in Brooklyn, New York, killing at least eight people and injuring four. A shooting inside a Washington, DC, gym left one person dead and four injured. The 2026 Latin Grammy Awards are taking place today in Las Vegas.

The program highlights a call between Marco Rubio and Wang Yi and attention on a possible US-China-Russia summit. Jensen Huang reportedly stepped down as Nvidia CEO after reports of multiple extramarital affairs; President Trump called former Apple CEO Tim Cook the best successor. A US envoy traveled to Dublin to meet Volodymyr Zelenskyy after talks with Vladimir Putin. A Chinese university blacklisted by the US over close ties to the People’s Liberation Army obtained Nvidia H200 chips, prompting lawmakers to call for tighter export controls. The number of Asian American and Pacific Islander members of Congress reached a record after the US midterms.

A recent WIRED investigation examined the complicated meaning of “power” for women in the tech industry. Huang’s answers now appear to reveal blind spots on the issue.

Reuters reports that Jensen Huang was involved with another Nvidia employee, whose name the news agency is withholding.

At Web Summit Lisbon, one economist called Nvidia founder Jensen Huang’s exit “a critical mistake” and a “significant loss” for the industry. Another argued that large corporations are built to outlast the people who lead them.
As Nvidia’s board searches for a permanent successor to founder and CEO Jensen Huang, it is relying on Colette Kress, the company’s CFO for 13 years and a longtime technology executive, to steady the ship.
Nvidia appointed Colette Kress interim CEO after Jensen Huang resigned. Kress joined the company in 2013 and served as executive vice president and CFO; she takes the helm during a challenging period for Nvidia.