November 12, 2026

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Jensen Huang has resigned as CEO of tech giant Nvidia, the company’s board says, with chief financial officer Colette Kress appointed interim boss

The company’s shares have recovered some ground after initially plummeting more than 13% when US markets opened shortly after news of Huang’s resignation

It comes after the New York Times reported that he had a second affair with an executive at his own company

On Sunday, Huang admitted an affair with a woman, who was reportedly from another company and suspected to be a Chinese spy

Huang steered Nvidia to enormous success, and in an extraordinary and strangely old-fashioned tale, he was ultimately undone by his love life, our technology and AI editor writes

Meanwhile, Beijing has warned the US not to use the spying allegations as a pretext to once again restrict tech sales to China

Nvidia is already investigating the affair Huang has admitted, as is the FBI. What does Nvidia’s code of conduct say?

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