Stock Market

Nvidia stock sinks after CEO Jensen Huang resigns


Huang reportedly carried out an extramarital affair with an alleged spy.

ByMax Zahn ABCNews logo

Thursday, November 12, 2026 3:48PM

The resignation comes amid reports of Huang’s alleged affair with a suspected Chinese spy.

WPVI

Nvidia’s stock tumbled on Thursday morning after the tech company announced the resignation of CEO Jensen Huang.

Shares of Nvidia dropped about 5% early Thursday, recovering some of the losses from a plunge of more than 13% at the open of trading.

Colette Kress, current executive vice president and chief financial officer, will serve as interim CEO, the company said in a statement on Thursday.

Huang’s resignation comes amid reports of Huang’s alleged affair with a suspected Chinese spy.

This is a developing story. Please check back for updates.

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