Trending
Prev Story
Next Story

Nvidia stock inches higher as investors continue to weigh Jensen Huang’s departure

CNBC World •
November 13, 2026 • 09:06 AM
• By Arjun Kharpal
1
1 reads 0 reactions

Jensen Huang resigned as CEO of Nvidia on Thursday after coming under scrutiny for two extramarital affairs.

Nvidia stock inches higher as investors continue to weigh Jensen Huang’s departure

Nvidia shares were slightly higher in premarket trading on Friday as investors navigate the fallout from Jensen Huang's resignation after reports of at least two affairs.

It follows a wild day for the stock on Thursday, which dropped sharply before recovering to close just over 4% lower.

Huang resigned as CEO of Nvidia on Thursday after The New York Times reported that Huang had a romantic relationship with Kimberly Powell, vice president of health care at Nvidia.

Huang was already under scrutiny following an investigation by the board into his relationship with a businesswoman who intelligence agencies say is a Chinese spy.

Reuters reported on Thursday the existence of another affair with an Nvidia employee, which the news agency did not name. Nvidia did not immediately respond to CNBC's request for comment.

Shares of Nvidia were 1.3% higher as of 4:14 a.m. ET.

Before Huang resigned, several Wall Street analysts told CNBC that his departure could cost Nvidia as much as 20% of its market value, given how critical he has been to the company's success. Nvidia's stock is already down more than 20% over the last month.

A lot of the company's success has been built around Huang, said Stephane Houri, head of equity research at ODDO BHF.

It's about more than just Nvidia, but also about the "architecture of the AI industry that really depended on the vision" and expertise of Huang, Houri told CNBC's "Squawk Box Europe" on Friday.

Prev Swipe Story Next

Same Story from Other Publications

Compare how 6 other independent news outlets reported on this story.

6 Publications
The Next Web (TNW)
3h ago
Nvidia keeps its Jensen Huang probe open as Congress calls him in

Nvidia keeps its Jensen Huang probe open as Congress calls him in

“He has agreed to come,” Mast said of Jensen Huang. The Senate wants him on 3 December, and Reuters reports a second affair with an employee.

#nvidia #jensen-huang #jensen
Compare →
CNN International
4h ago
What’s next for the global economy after Jensen Huang’s stunning fall from NVIDIA? | CNN Business

What’s next for the global economy after Jensen Huang’s stunning fall from NVIDIA? | CNN Business

CNN Senior Business Reporter David Goldman joins Audie Cornish to discuss how Jensen Huang’s downfall at NVIDIA could impact everything from the AI boom to your 401k

#nvidia #jensen-huang #jensen
Compare →
The Guardian
12h ago
A timeline of the affair scandal that sank Nvidia’s Jensen Huang

A timeline of the affair scandal that sank Nvidia’s Jensen Huang

CEO behind the meteoric rise of Nvidia stepped down after it was revealed he had an affair with an alleged Chinese spy

#nvidia #jensen-huang #jensen
Compare →
ABC News Australia
14h ago
Nvidia's Jensen Huang scandal brings China's spy networks into view

Nvidia's Jensen Huang scandal brings China's spy networks into view

With all eyes on the Nvidia sex scandal, questions are being asked about China's vast and complex spy networks, and just how much influence they have around the world.

#nvidia #jensen-huang #jensen
Compare →
Wired
15h ago
‘Bring Back THE Boss’: Nvidia Employees Petition for Jensen Huang’s Return

‘Bring Back THE Boss’: Nvidia Employees Petition for Jensen Huang’s Return

An internal post urging the board to consider employee sentiment about Nvidia’s former CEO has drawn more than 1,600 comments, the majority in full support of reinstalling him.

#nvidia #jensen-huang #jensen
Compare →
BBC News
16h ago
Scandal-hit Nvidia CEO Jensen Huang quits, plunging AI chipmaking giant into turmoil

Scandal-hit Nvidia CEO Jensen Huang quits, plunging AI chipmaking giant into turmoil

US lawmakers now want to question Huang over whether one of his alleged relationships was with a Chinese spy.

#nvidia #jensen-huang #jensen
Compare →

Related Stories

Business & Economy
Build #2611