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Huang Resigns as Nvidia CEO Amid Affair, Market Turmoil

Jensen Huang has resigned as Nvidia CEO after 33 years at the helm, amid an affair with a suspected Chinese spy and allegations of another extramarital relationship, KBS World and Business Korea report. The Wall Street Journal, cited by Korea Times, reported the board was preparing to oust him; Reuters sources said the board met late Wednesday to decide his future, and later revealed Huang had an intimate relationship with a second employee. Nvidia shed about $430 billion in market value over two sessions, with losses extending to more than $470 billion, Korea Times reports, and its forward P/E ratio fell to around 12 times, a 14-year low, according to Business Korea. U.S. President Donald Trump said former Apple CEO Tim Cook should replace Huang, Korea Times reports. Korean outlets frame the resignation as a blow to the AI industry, with Korea Times calling it a 'big blow to AI boom' and noting the chipmaker's future is clouded.

  1. Nvidia CEO Jensen Huang Resigns amid Affair Scandals KBS World · 2026-11-12
  2. Jensen Huang Resigns as Nvidia CEO, Ending 33-Year Leadership Business Korea · 2026-11-13
  3. Nvidia CEO Jensen Huang to step down in big blow to AI boom Korea Times · 2026-11-12
  4. Nvidia is preparing to oust CEO Jensen Huang, WSJ reports Korea Times · 2026-11-12
  5. Trump says ex Apple CEO Cook is 'a legend,' should replace Huang at Nvidia Korea Times · 2026-11-13
  6. Nvidia board meets to decide CEO Huang's future as leadership crisis deepens Korea Times · 2026-11-12
  7. Nvidia faces deepening scrutiny over China chip ties, CEO affair Korea Times · 2026-11-11
  8. Former Nvidia CEO Huang had a relationship with a second employee, sources say Korea Times · 2026-11-13
  9. Nvidia’s Forward P/E Hits 14-Year Low as Huang’s Exit Sends Shares Tumbling Business Korea · 2026-11-13
  10. Nvidia CEO Jensen Huang Admits Affair with Suspected Chinese Spy KBS World · 2026-11-09
  11. Nvidia heads for $400 bil. 2-day wipeout as CEO affair fallout deepens Korea Times · 2026-11-11
  12. Nvidia Opens Independent Probe Into CEO Amid China Spy Allegations, Raising Security Concerns Business Korea · 2026-11-09

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