[Oni]

Jensen Huang has retired as CEO of Nvidia, after two affairs. The first affair was with an alleged Chinese spy and the second was with an executive inside the company.

Following the news, Nvidia’s stock hit a 2026 low of $148.80. That's an almost 40% drop from its October 6th price of roughly $240.

Nvidia CEO Jensen Huang is stepping down as CEO of the chipmaker he co-founded 33 years ago and built into a $4 trillion company that powered the artificial intelligence boom, the company announced Thursday.

CFO Colette Kress has been named interim CEO.

“The Board has full confidence in Colette and the leadership team, and we expect the company’s operations, customer commitments and product roadmap to continue without interruption,” said board chair Harvey Jones in a release announcing the news.

The company will begin the search for a permanent CEO to replace Huang and will consider both internal and external candidates, according to the release.

Kress also provided a statement in the release, but Huang was not quoted.

After a meteoric rise to fame due to Nvidia’s central role in AI, Huang’s dramatic fall has been even more rapid, following a series of stinging revelations about his romantic ties to a woman believed by the U.S. intelligence community to be a Chinese spy.

Read More: https://www.cnbc.com/2026/11/12/nvidia-j...dates.html