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Nvidia CEO Huang resigns; CFO Kress named interim CEO
Nvidia CEO Jensen Huang has resigned, and the company has named longtime executive Colette Kress as interim CEO, according to Korea Times reports dated November 12, 2026. Kress, who joined the California-based chipmaker in 2013, previously served as chief financial officer. The resignation follows a leadership crisis triggered by reports of Huang's extramarital affairs, including one with a suspected Chinese spy, which led to a board probe and a shareholder lawsuit alleging investors were misled. The Korea Times reports that Nvidia shares were on track to shed more than $470 billion in market value over two sessions as the fallout deepened. U.S. President Donald Trump suggested former Apple CEO Tim Cook should replace Huang, calling Cook "a legend.
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