# Nvidia CEO Jensen Huang resigns

> Nvidia CEO Jensen Huang resigns after intelligence reports of Chinese spy ties.
- Title: Nvidia CEO Jensen Huang resigns · The San Francisco Standard
- Summary: Nvidia CEO Jensen Huang resigns after intelligence reports of Chinese spy ties. Nvidia CEO Jensen Huang resigned following revelations of an affair with a…
- Keywords: nvidia, jensen huang, colette kress, interim ceo, spying, chinese government, ai industry, stock market, magnificent seven, third quarter 2027, The San Francisco Standard
- Source: The San Francisco Standard — https://sfstandard.com/2026/11/12/nvidia-ceo-jensen-huang-resigns
- Published: 2026-11-12T14:23:13+00:00
- Read time: 1 min
- Topics: nvidia, jensen huang, colette kress, interim ceo, spying, chinese government, ai industry, stock market, magnificent seven, third quarter 2027, news, local
## Jensen Huang resigns
Nvidia CEO Jensen Huang resigned after intelligence reports of an affair with a woman suspected of spying for China.

> There is no excuse for what I did
## Board launches investigation
Nvidia's board started an independent investigation into Huang's conduct with outside counsel.
## Huang apologizes
Huang emailed employees apologizing for his actions and taking full responsibility.

> There is no excuse for what I did
## Spies and stock drop
U.S. intelligence services reported Huang had an affair with a spy for China, causing Nvidia shares to drop.
## Interim CEO named
CFO Colette Kress takes over as interim CEO while the board searches for a permanent successor.
## Trump suggests Tim Cook
President Trump suggested former Apple CEO Tim Cook should lead Nvidia as interim CEO.
## Stock market reaction
Nvidia shares dropped from $173.73 to $151.00 after Huang's resignation.
## Key takeaway

Nvidia CEO Jensen Huang resigned following revelations of an affair with a woman suspected of spying for China, with CFO Colette Kress taking interim leadership.