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Nvidia CEO Jensen Huang resigns in wake of deepening scandal

The Australian Financial Review (AFR) •
November 12, 2026 • 02:50 PM
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The charismatic co-founder of Nvidia and AI advocate has quit after admitting an affair with an alleged Chinese spy, as the firm shed tens of billions of dollars in market value.

Nvidia CEO Jensen Huang resigns in wake of deepening scandal

London | Nvidia’s shares have crashed 13 per cent after co-founder Jensen Huang resigned as president, chief executive and board member of the chipmaker after coming under scrutiny over his love life, including admitting to having an affair with a businesswoman accused of spying for China .

Nvidia’s board held crisis talks on Wednesday and Thursday as the scandal enmeshing the charismatic Huang deepened and the company shed hundreds of billions of dollars of sharemarket value over the past week.

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Same Story from Other Publications

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

6 Publications
CNBC World
13h ago
What's ahead for AI financing after Nvidia CEO Jensen Huang departs

What's ahead for AI financing after Nvidia CEO Jensen Huang departs

Jensen Huang’s resignation puts Nvidia’s AI financing strategy in focus as investors watch credit markets and neocloud exposure.

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BBC News
3h ago
Nvidia: How the Jensen Huang scandal exposed a headache for business-friendly Singapore

Nvidia: How the Jensen Huang scandal exposed a headache for business-friendly Singapore

The scandal has cast a spotlight on Singapore's success as a chip hub - and a location for alleged illicit trade.

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The Age
21h ago
‘I don’t care’: Inside Jensen Huang’s last hours as Nvidia CEO

‘I don’t care’: Inside Jensen Huang’s last hours as Nvidia CEO

At the end, Jensen Huang looked broken and shattered, his legendary energy depleted.

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The Next Web (TNW)
13h 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
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CNN International
14h 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

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TechCrunch
3h ago
Jensen Huang’s departure blasts big hole in AI startup funding, VCs and founders say | TechCrunch

Jensen Huang’s departure blasts big hole in AI startup funding, VCs and founders say | TechCrunch

Nvidia poured tens of billions into AI startups under Huang. Without him at the helm, founders and VCs are bracing for smaller checks and lower valuations.

#nvidia #jensen-huang #jensen
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