# Nvidia Shares Tumble After Huang Resigns

> Nvidia shares plunged 14% Thursday as Jensen Huang resigns amid reports of extramarital affairs.
- Title: Nvidia Shares Tumble After Huang Resigns | Shortify
- Summary: Nvidia shares plunged 14% Thursday as Jensen Huang resigns amid reports of extramarital affairs.
- Keywords: nvidia, jensen huang, ceo resignation, stock market, extramarital affairs, s&p 500, trillion dollar loss, The San Francisco Standard
- Source: The San Francisco Standard — https://sfstandard.com/2026/11/12/nvidia-shares-tumble-as-wall-street-reacts-huang-s-exit
- Published: 2026-11-12T16:21:26+00:00
- Read time: 1 min
- Topics: nvidia, jensen huang, ceo resignation, stock market, extramarital affairs, s&p 500, trillion dollar loss, news, local
## Nvidia Shares Plunge
Nvidia shares dropped 14% Thursday morning after CEO Jensen Huang resigned.
## Market Reaction
The S&P 500 fell 0.45% to 7,585.27 while Nasdaq dropped 0.65% to 25,300.96.
## Huang's Resignation
Jensen Huang resigned as CEO amid reports of extramarital affairs with a subordinate.
## Financial Impact
Nvidia lost over $1 trillion this month, exceeding Singapore's annual economic output.
## Interim Leadership
CFO Colette Kress will serve as interim CEO while the board chair oversees operations.
## Investor Concerns
Analysts warn that Nvidia's value depends too heavily on one individual for portfolio stability.
## Next Steps
Nvidia reports fiscal third-quarter 2027 results Tuesday with an earnings call at 2 p.m. PT.
## Key takeaway

Nvidia shares dropped 14% Thursday after CEO Jensen Huang resigned following revelations of extramarital affairs.