0:33 video runtimeIndustry
Jensen Huang agrees to testify
Testimony expected before Thanksgiving
Industry
Jensen Huang resigns as Nvidia CEO
Colette Kress is interim CEO
Written with AI assistance, reviewed by the ACN desk.
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ACN Weekly Recap: Week of November 9, 2026
- Jensen Huang resigns as Nvidia CEO
The quick hit
- Jensen Huang has resigned as Nvidia CEO, effective immediately, Nvidia says.
- Finance chief Colette Kress is interim CEO, and Harvey Jones is the board's first chair.
- Nvidia stock opened down more than 13% Thursday and closed down 4.3%.
Jensen Huang has resigned as Nvidia’s CEO. Nvidia announced it on Thursday, effective immediately, in an SEC filing.
Huang co-founded Nvidia and led it from the start. Finance chief Colette Kress is interim CEO while the board searches for a permanent one. The board has named its first chair, Harvey Jones.
Nvidia gave no reason. According to reports, the board acted after allegations about his personal relationships. TechCrunch reports one involved a woman suspected of spying for China. Fortune also reported on the matter, citing the New York Times.
Huang has agreed to testify before Congress. CNBC reports the testimony is expected before Thanksgiving.
Nvidia’s stock fell more than 13% at Thursday’s open. It closed down 4.3%, per CNBC.
The SEC filing and the TechCrunch and CNBC reports are dated November 12. Fortune’s is dated November 11.
Sources
- Nvidia (SEC 8-K) · Nov 12, 2026
- CNBC · Nov 12, 2026
- TechCrunch · Nov 12, 2026
- Fortune · Nov 11, 2026
