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AI CURATED HOT STORY · 11/9/2026

Nvidia CEO Jensen Huang Resigns, Market Value Plunges Nearly $2 Trillion

34 reports archived10 independent sourcesupdated 11/15/2026, 15:10:41
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Nvidia founder Jensen Huang has resigned as president, CEO, and director effective immediately, ending his 33-year leadership. CFO Colette Kress has been appointed interim CEO, and the board has launched a search for a permanent successor while establishing the first chairman role, filled by Harvey Jones. Following the announcement, the stock plunged as much as 14% intraday, falling below a $4 trillion market cap and erasing nearly $2 trillion in value.

The move comes after the board initiated an external investigation into Huang potentially being a target of foreign intelligence, following revelations of a second personal relationship with an employee. Huang, who owns about 3.6% of shares and is the largest shareholder, had previously resisted formal succession planning, leaving the company without a clear successor. Interim CEO Kress retains her CFO role, and the next CEO will inherit a portfolio of over $100 billion in external investments, including a planned $10 billion investment in Anthropic's IPO.

As the global leader in AI computing, Nvidia's management upheaval directly impacts its GPU roadmap and industry expectations. Hugging Face CEO Clément Delangue publicly expressed regret and vowed to defend open-source AI more firmly. The event coincides with Nvidia's proposed $12.9 billion acquisition of Hugging Face, which is under DOJ scrutiny over competition concerns, leaving the future of AI computing and the open-source ecosystem highly uncertain.

LATEST/Nvidia's board has engaged an external firm to find Huang's successor and is considering interim arrangements. The company confirmed its Q3 FY2027 earnings will be released as scheduled on November 17, with interim CEO Kress retaining her CFO role, while the board emphasizes continuity of business and ecosystem.

Hourly heat curve

165 fully observed hours
Now
34.8
Peak
107.218:00
24h change
-53%

The line compares only sources observed throughout; gap hours are interpolated to keep the trend continuous.

Coverage timeline

Total 34 reports · Latest first
  4. 量子位官网T2·78 pts

    Nvidia Staff Petition for Jensen Huang Return as 60,000 Sign On

    • Huang's resignation took effect immediately, with CFO Colette Kress as interim CEO and Arm CEO Rene Haas reportedly approached as a successor
    • The "33 Years Deserve an Answer" petition has surpassed 60,000 signatures, demanding reinstatement, a public investigation framework and due process
    • An internal thread drew over 1,600 comments as employees pressed the board for transparency, with Elon Musk and others publicly backing Huang
  10. Latent SpaceT1·88 pts

    Jensen Huang Resigns as NVIDIA CEO After 33 Years

    • Jensen Huang resigned as NVIDIA CEO after 33 years, confirmed in an official company announcement
    • The resignation followed NYT and Forbes reports of multiple personal relationships, with the board reportedly preparing a replacement
    • It is the biggest AI leadership shakeup since the Google DeepMind reshuffle, casting uncertainty over NVIDIA's compute roadmap and supply chain
  12. Rohan Paul (@rohanpaul_ai)T2·58 pts

    Nvidia Internal Post Draws 1,600 Comments Urging Jensen Huang Return

    • An internal suggestion-box post drew over 1,600 comments, with staff collectively urging Jensen Huang's return
    • The author, a longtime engineer, asked the board before resigning to disclose investigation findings and poll employees first
    • The episode reveals clear internal disagreement over leadership changes and governance process at Nvidia
  13. IT之家 · 智能时代T2·88 pts

    Nvidia CEO Jensen Huang Resigns Amid Pending Hugging Face Deal

    • Jensen Huang resigned immediately as Nvidia president, CEO and director; CFO Colette Kress is interim CEO as a search begins
    • Hugging Face CEO Clement Delangue called it a deeply sad day and pledged to defend open-source AI harder than ever
    • The exit coincides with Nvidia's roughly $12.9B Hugging Face acquisition, already under DOJ scrutiny over competition impact
  16. The Verge AIT2·78 pts

    Nvidia CEO Jensen Huang Resigns, CFO Colette Kress Named Interim Chief

    • Jensen Huang resigned as CEO and board member amid a board investigation into his affairs and an alleged Chinese spy relationship
    • CFO Colette Kress becomes interim CEO as the board searches for a permanent successor internally and externally
    • Harvey Jones becomes first-ever Board Chair, with internal memos acknowledging an extraordinarily difficult period
  19. 宝玉 (@dotey)T2·96 pts

    Jensen Huang Resigns as Nvidia CEO, Erasing Roughly $2 Trillion in Market Value

    • Huang resigned all roles after 33 years; the announcement gave no reason and he made no statement
    • CFO Colette Kress becomes interim CEO; Nvidia had no public succession plan and roughly 60 executives reported directly to Huang
    • Shares touched $148.80 intraday, with about $2 trillion in market value erased from the October 6 record close
    • An independent board investigation continues; Q3 earnings remain scheduled for November 17
  21. Rohan Paul (@rohanpaul_ai)T2·88 pts

    Nvidia CEO Jensen Huang Resigns, CFO Colette Kress Takes Interim Role

    • Jensen Huang resigned immediately as CEO and director after 33 years; CFO Colette Kress becomes interim CEO while keeping her finance role
    • The exit follows a board-ordered outside probe into reports Huang was a foreign intelligence target; shares fell ~10% pre-market, extending two-week losses to ~$1.4 trillion
    • The successor will oversee over $100 billion in investments, including a planned $10 billion purchase of Anthropic shares at IPO
  23. Rohan Paul (@rohanpaul_ai)T2·88 pts

    Jensen Huang Resigns as Nvidia CEO, Shares Fall 10% Pre-Market

    • Huang resigned as CEO and director just three days after the board opened an outside probe tied to foreign intelligence concerns
    • CFO Colette Kress is interim CEO and Harvey Jones is first board chair; shares fell about 10% pre-market
    • With no clear successor, the next CEO inherits roughly $100B in investments and a planned Anthropic IPO share purchase
  30. Rohan Paul (@rohanpaul_ai)T2·74 pts

    Report Says $7.5B of Nvidia Chips Reached China via Third Party

    • About 240,000 H100, H200 and some A100 chips reportedly reached China through a third-party network, worth roughly $7.5B
    • Hubs were Shanghai Century Litong, founded June 2023, and Singapore-based Megaspeed, now under US investigation
    • Buyers reportedly included Alibaba, Tencent and smaller AI labs, highlighting gray-market compute channels under controls
  32. Hacker News AIT2·58 pts

    Nvidia Board Opens Independent Probe Into Reported Foreign Intelligence Targeting of Jensen Huang

    • Nvidia's board formed a committee of independent directors backed by outside counsel to lead the probe
    • The trigger is reporting that Huang was targeted by a foreign intelligence effort, not internal financial or product issues
    • The board says no evidence yet of compromised national security or company secrets; Huang has pledged to cooperate
  34. Rohan Paul (@rohanpaul_ai)T2·58 pts

    NYT Alleges China Recruited AI Executive to Spy on Jensen Huang

    • A U.S. memo reportedly identifies Alice Huang, an executive close to Jensen Huang, as a Beijing asset tasked with studying American chips and possibly influencing Nvidia
    • Her firm Megaspeed began multibillion-dollar Nvidia chip purchases in 2024 and rents Southeast Asian data-center capacity to Alibaba
    • The report relies on an anonymous government memo with no public evidence or party response, warranting caution