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Nvidia CEO Huang Resigns; CFO Kress Named Interim CEO

Nvidia CEO Jensen Huang has resigned amid an affair scandal involving a suspected Chinese spy and allegations of another extramarital relationship, according to KBS World. The company's board was reportedly preparing to oust him, and the Wall Street Journal reported the board's plans, citing sources. Following his resignation, Nvidia has named longtime executive Colette Kress, who joined the chipmaker in 2013, as interim CEO, the Korea Times reports. The resignation has sent shares tumbling, with Nvidia's forward P/E ratio falling to around 12 times, its lowest level in 14 years, Business Korea reports. Korean media coverage focuses on the leadership crisis and its impact on the AI industry, with some outlets noting the uncertainty for the chipmaker's future.

  1. Nvidia CEO Jensen Huang Resigns amid Affair Scandals KBS World · 2026-11-12
  2. Who is Colette Kress, Nvidia's interim CEO? Korea Times · 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. Nvidia’s Forward P/E Hits 14-Year Low as Huang’s Exit Sends Shares Tumbling Business Korea · 2026-11-13

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