Jensen Huang Resigns as Nvidia CEO: What We Know
Nvidia says Jensen Huang has stepped down as president, CEO and director. CFO Colette Kress is interim chief. Here is what is confirmed.
Nvidia, the company whose chips power most of the world's artificial intelligence systems, has lost the chief executive who led it for more than three decades. In an announcement filed with the US Securities and Exchange Commission on 12 November 2026, the board said Jensen Huang had resigned as president, chief executive and director with immediate effect.
What Nvidia has confirmed
The company's announcement sets out four things.
- Huang has resigned from all three of his roles: president, CEO and member of the board. The change took effect immediately.
- Colette Kress is interim CEO. Kress has been Nvidia's chief financial officer since 2013 and will keep that job until a permanent chief executive is appointed.
- Harvey C. Jones is board chair. It is the first time Nvidia has had a board chair. Jones is a long-serving technology executive and investor.
- A search is under way. The board says it will consider candidates from inside and outside the company.
The statement thanks Huang for his contribution and does not give a reason for his departure. Jones said the board expects operations, customer commitments and the product roadmap to continue without interruption.
- Oct 2026Media reports raise questions about Jensen Huang's personal conduct.
- Nov 2026Nvidia's board commissions an independent investigation, according to press reports.
- 12 Nov 2026Nvidia announces Huang's resignation as president, CEO and director, effective immediately.
- 12 Nov 2026CFO Colette Kress becomes interim CEO; Harvey C. Jones is named the first board chair.
- 17 Nov 2026Scheduled date for third-quarter fiscal 2027 results.
Company actions are from Nvidia's announcement filed with the US Securities and Exchange Commission.
What has been reported
The resignation follows several weeks of press coverage about Huang's personal conduct. Major news organisations have reported that the board commissioned an independent investigation, and that Huang acknowledged an extramarital relationship in a message to staff. Some of the reporting involves national-security questions that have been denied by those concerned and have not been confirmed by the company.
We are not repeating the detail of allegations about named individuals that Nvidia has not addressed. What matters for readers of an AI publication is the confirmed outcome: the company has a new interim leader and is looking for a permanent one.
How markets reacted
Nvidia's shares fell sharply after the announcement. Technology site 9to5Mac reported the stock down more than 10% from the previous close of $173.73 shortly afterwards, and roughly 35% below its record close in early October. Share prices move quickly, so check a live source for the current figure. Nothing here is investment advice.
Why it matters for AI
Nvidia's graphics processors and the software around them are the standard equipment for training and running large AI models. OpenAI, Google, Meta, Microsoft, Amazon and Anthropic are all major buyers, directly or through cloud providers. Three questions follow from the change at the top.
Supply and roadmap. Nvidia says product plans are unchanged. Chip roadmaps are set years ahead, so a leadership change is unlikely to affect what ships in the near term.
Export policy. Sales of advanced chips to China have been one of the most contested issues in technology policy. A new chief executive may handle that relationship differently.
Competition. AMD, custom chips designed by the large cloud companies, and newer entrants have all been trying to reduce the industry's dependence on Nvidia. Any hesitation gives them an opening.
What it means if you use AI tools
For people using ChatGPT, Claude, Gemini or any other assistant, nothing changes today. The services run on hardware that is already installed and on orders already placed. Prices for AI subscriptions are set by the AI companies, not by Nvidia.
The longer-term link is cost. The price and availability of chips shape how much AI companies can offer on free plans and how fast new models arrive. That is a matter of years, not weeks.
What is not yet known
- Why Huang resigned. The company has not said.
- Who the permanent chief executive will be, and when the appointment will be made.
- Whether the investigation's findings will be published.
- What the company will say when it reports third-quarter results on Tuesday 17 November 2026.
We will update this article as Nvidia makes further statements.
Sources
- Nvidia announcement of the CEO transition, filed with the SEC
- 9to5Mac: Jensen Huang resigns as CEO of Nvidia
Frequently asked questions
Who is Nvidia's CEO now?
Colette Kress, the company's chief financial officer, is interim chief executive while the board searches for a permanent successor.
Why did Jensen Huang resign?
Nvidia's announcement does not give a reason. News organisations have linked the departure to an investigation into his personal conduct.
Will this affect ChatGPT or other AI tools?
Not in the short term. AI services run on hardware already installed, and Nvidia says its operations and product plans continue as before.
When does Nvidia report its next results?
The company has confirmed it will report third-quarter fiscal 2027 results on 17 November 2026.
This article was checked against the sources listed above on 12 November 2026. AI products change quickly: features, prices and availability can differ by plan and country, so confirm details with the company before relying on them. GetAIHow is independent and not affiliated with the companies it covers. Read our editorial policy and disclaimer.
