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.

Jensen Huang has left his posts as Nvidia president, CEO and board member and has been asked to testify before a US Senate committee over security concerns.
TTRT World

Often dubbed the “Taylor Swift of tech,” Jensen Huang built Nvidia from a graphics-chip maker into a global AI powerhouse. The company’s GPUs, initially designed for video games, found a transformative role in AI. Huang became Nvidia’s public face as it rose to dominate the industry, appearing frequently with world leaders including Donald Trump. He also acted as a personal bridge between Washington and Beijing, advocating for chips …
CCNA

Former Nvidia CEO Jensen Huang has agreed to speak with U.S. lawmakers about his relationship with a person alleged to be a Chinese spy. The discussion examines possible implications for U.S. national security.
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NBC News

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

A lawmaker says former Nvidia CEO Jensen Huang has agreed to brief members of Congress about his interactions with a former executive of Singapore-based Megaspeed, which is under scrutiny over potential chip smuggling, and about Nvidia’s security protocols.
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NBC News

Jensen Huang, who faced criticism after admitting to an affair with a woman accused of being a Chinese intelligence agent, has been accused of a separate affair with an Nvidia subordinate.
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TechCrunch

At an impromptu news conference, Trump said he spoke earlier that day with Nvidia CEO Jensen Huang. The remarks followed reports that Nvidia’s board had opened an investigation into Huang’s extramarital affair with a woman alleged to be a Chinese spy.
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NBC News

Nvidia CEO Jensen Huang acknowledged having an extramarital affair, while the company said it will investigate reports that he was targeted by a foreign intelligence effort. The statements come amid scrutiny of his close ties to Megaspeed executive Alice Huang. US outlets report officials suspect she passed intelligence to China and helped smuggle advanced AI technology.
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CNN

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

Bloomberg reporters will answer readers’ questions about Nvidia and the AI market on Nov. 9 at 12 p.m. Hong Kong time.
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Bloomberg News
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.

After Jensen Huang resigned, Nvidia named CFO Colette Kress interim CEO and began looking for a permanent successor. Kress, AI products leader Ian Buck, Arm chief Rene Haas and AMD chief Lisa Su are among the names being considered.

The Nvidia chief is leaving amid scandal, while lawmakers seek to question him about an allegation that one of his relationships involved a Chinese spy.

Questar Capital Partners Chief Investment Officer Richard Reyle said allegations against ousted CEO Jensen Huang have exposed Nvidia to lawsuits, and the company is likely to lose focus under any new leader.

Investors expect the AI boom to support Nvidia even if CEO Jensen Huang leaves. Shareholders bought the dip on Thursday, helping the stock largely recover by the close as they considered the company’s future without its chief executive.
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.

Democrats have opened a congressional investigation into Nvidia’s sales to China and its dealings with Trump. It is the second such probe since news of the alleged spy affair emerged.

Nvidia employees and tech insiders never expected the chip industry’s leading figure to lose his job. Even after his sudden resignation, many remain in denial.