Nvidia announced on 12 November 2026 that co-founder and longtime CEO Jensen Huang has resigned immediately as President, Chief Executive Officer and board member. According to Coinspeaker, the step followed intense scrutiny of personal allegations that are also linked to possible security questions. The company itself, according to these reports, gave no details on the allegations.
According to Coinspeaker, CFO Colette Kress has been appointed interim CEO while remaining CFO. The board has also named Harvey C. Jones as its first chair and started a search for a permanent successor. Apple's Johny Srouji is named by the same source as an early frontrunner; there is no confirmation of this.
Market reaction
According to Coinspeaker, the Nvidia share fell more than 10 percent in premarket trading. The Hyperliquid perpetual on NVDA, according to the same source, followed the price decline significantly.
Context
Bloomberg.com also reported on the resignation, but according to the available metadata the article could not be fully retrieved. For companies that source Nvidia hardware, a leadership transition period may raise questions about planning security and supply chains; whether and how this concretely affects them cannot be derived from the sources available.
Sources
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