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Jensen Huang’s $470 Billion Affair

WIRED · By Brian Barrett, Zoë Schiffer & Leah Feiger ·

The Brief · written from 89 sources

  • Nvidia announced that Jensen Huang resigned as CEO, president and board member, effective immediately, on November 12, 2026.
  • CFO Colette Kress was named interim CEO while the board works with an outside firm to identify permanent candidates.
  • The resignation followed reports of two extramarital affairs, one with a woman US officials reportedly suspect of spying for China and one with Nvidia VP of healthcare Kimberly Powell.

Why it matters

Leadership changes at the largest AI chip supplier could affect product direction, partnerships and supply relationships, and no permanent successor has been named yet.

Who’s affected

  • Nvidia investors
  • Companies that depend on Nvidia chips and partnerships

This week on “Uncanny Valley,” the team unpacks the Nvidia CEO’s affair with an alleged Chinese spy and what that means for the AI industry.

Read the full story at wired.com ↗

Timeline

  1. Wall Street Journal reports Nvidia's board is preparing to oust Huang

  2. New York Times reports Huang's relationship with Nvidia VP Kimberly Powell

  3. Techmeme

    Sources: Jensen Huang had an extramarital relationship with Nvidia's VP of healthcare, Kimberly Powell, who reports to him; it was discussed inside the company (New York Times)

  4. Bloomberg Technology

    Nvidia Preparing to Oust Jensen Huang After Affairs, WSJ Says

  5. Hacker News: Front Page

    Nvidia is preparing to oust Jensen Huang

  6. Techmeme

    Sources: Nvidia's board is preparing to oust Jensen Huang; it plans to meet as soon as Wednesday to determine his future (Wall Street Journal)

  7. Bloomberg Technology

    Huang Said to Have Had Affair With Nvidia Executive: NYT

  8. AI | The Verge

    Nvidia is reportedly preparing to fire Jensen Huang

  9. Bloomberg Technology

    Nvidia Working With Outside Firm to Identify CEO Candidates · +1 reply

  10. AI News & Artificial Intelligence | TechCrunch

    Nvidia’s stock drops as board reportedly preps to oust CEO Jensen Huang

  11. Bloomberg Technology

    Nvidia Board Meets on Huang’s Fate After Affair With Alleged Spy

  12. Latest from Tom's Hardware

    Nvidia’s Board reportedly preparing to oust CEO Jensen Huang as second extra-marital affair emerges

  13. Nvidia stock drops sharply at the open after Huang's resignation, taking market cap below $4 trillion

  14. Huang resigns as Nvidia CEO, president and board member

  15. CFO Colette Kress named interim CEO

  16. Harvey C. Jones named Nvidia's first-ever board chair

  17. Techmeme

    Source: Nvidia's board is working with an outside firm to identify possible replacements for Jensen Huang and weighs naming a temporary CEO during the search (Bloomberg)

  18. Bloomberg Technology

    Nvidia Working With Outside Firm to Identify CEO Options

  19. Bloomberg Technology

    Nvidia’s CEO Change Won’t Derail AI Trade: Pepperstone

  20. Bloomberg Technology

    Nvidia to Decide on Jensen Huang’s Fate

  21. Techmeme

    Sources: some Nvidia board members favor naming CFO Colette Kress interim CEO; an administration official says the board briefed the White House on its meeting (Semafor)

  22. AI News & Artificial Intelligence | TechCrunch

    Who could replace Jensen Huang? A highly unscientific list of possible successors

  23. Bloomberg Technology

    Will Nvidia Replace Jensen Huang as CEO? What’s Next for AI, Markets?: Live Q&A

  24. Bloomberg Technology

    What Could Come Next After Huang’s Ouster?

  25. Techmeme

    Sources: some Trump officials questioned Jensen Huang's push for Trump to allow more chip sales to China, even before his affair with Alice Huang became public (Wall Street Journal)

  26. Bloomberg Technology

    HSBC’s Kettner Sees Nvidia CEO Change Priced In

  27. Bloomberg Technology

    Nvidia Drama Triggers Difficult Search for Huang’s Successor · +1 reply

  28. Bloomberg Technology

    Nvidia Faces More Risks in Deal Pace Than Huang Exit, BI Says

  29. Techmeme

    AMD shares rose 4%+ after hours after closing up 7.3%, while Broadcom gained 2.4% after hours following a 4% gain, as Nvidia's board weighs ousting CEO Huang (Financial Times)

  30. Bloomberg Technology

    Elon Musk Says It Would Be an Honor to Hire Nvidia’s Huang

  31. Bloomberg Technology

    The Nvidia Board Members Who Will Decide Jensen Huang’s Fate

  32. Bloomberg Technology

    Alice Huang Resurfaces in Beijing Amid Nvidia Scandal

  33. Bloomberg Technology

    Nvidia's Board Weighs Huang's Future After Affairs

  34. Techmeme

    A look at potential Nvidia CEO candidates, including CFO Colette Kress, CUDA inventor Ian Buck, Arm CEO Rene Haas, and Apple Chief Hardware Officer Johny Srouji (Bloomberg)

  35. Techmeme

    Sources: Alice Huang's business partner and husband Kang Wei spoke openly of her Jensen Huang relationship; Wei, who knew Jensen for a decade, introduced them (Lingling Wei/Wall Street Journal)

  36. Techmeme

    A look at Nvidia's 10-person board, many of whom have known Jensen Huang for decades, including attorney Stephen Neal, VC Tench Coxe, and academic John Dabiri (Bloomberg)

  37. Techmeme

    Sources: Nvidia employees, known for their fierce loyalty to Jensen Huang, have been left stunned and some are angry at the news of his extramarital affairs (Michael Acton/Financial Times)

  38. Bloomberg Technology

    Nvidia Default Risk Nears Record High as Board Weighs CEO’s Fate

  39. Bloomberg Technology

    Singapore Bars Alice Huang From Entry After False-Document Probe

  40. Bloomberg Technology

    Huang, Face of the AI Boom, Ousted by Nvidia Board as CEO

  41. Hacker News: Front Page

    NVIDIA Announces CEO Transition

  42. Hacker News: Best

    Jensen Huang resigns

  43. Techmeme

    Jensen Huang resigns as Nvidia CEO, president, and board member; CFO Colette Kress will be interim CEO, as the board considers candidates; NVDA drops 5%+ (Nvidia Newsroom)

  44. AI | The Verge

    Nvidia CEO Jensen Huang resigns amid spy, affair scandals

  45. Hacker News: Front Page

    Jensen Huang resigns as Nvidia CEO immediately

  46. Business Latest

    Jensen Huang Resigns as Nvidia CEO

  47. Phoronix

    NVIDIA CEO Jensen Huang Resigns

  48. Latest from Tom's Hardware

    Nvidia CEO Jensen Huang resigns in the wake of multiple affairs, Chinese spy allegations

  49. Engadget - Technology News & Expert Reviews

    Jensen Huang is out as NVIDIA CEO

  50. Bloomberg Technology

    Jensen Huang Ousted as Nvidia CEO

  51. TechCrunch

    Nvidia’s Jensen Huang resigns, chipmaker names CFO Colette Kress as interim CEO

  52. The Decoder

    Jensen Huang resigns as Nvidia CEO after espionage scandal wipes out $1.4 trillion in market value

  53. Business Latest

    Meet Colette Kress, Nvidia’s New Interim CEO

  54. www.theregister.com - Articles

    Jensen Huang resigns as Nvidia chief executive

  55. Bloomberg Technology

    Jensen Huang Resigns as Nvidia CEO

  56. Techmeme

    Nvidia appoints ex-Synopsys CEO Harvey C. Jones as its first-ever board chair; the board's Jensen Huang exit press release does not include a quote from Huang (Hayden Field/The Verge)

  57. Techmeme

    Singapore says it held Alice Huang's passport from June 2025 to February 2026 and released her with a "stern warning" after the US provided very little help (Paul Mozur/New York Times)

  58. AI News & Artificial Intelligence | TechCrunch

    The unfolding Jensen Huang scandal: a timeline

  59. Techmeme

    A profile of interim Nvidia CEO Colette Kress, who joined in 2013 after working at Cisco and Microsoft; as CFO, Kress criticized US export controls on China (Adam Satariano/New York Times)

  60. Bloomberg Technology

    What Huang's Departure Means for the Future of Nvidia

  61. Bloomberg Technology

    Nvidia Market Value Sinks Below $4 Trillion After Huang Resigns

  62. Techmeme

    Jensen Huang's Nvidia ploughed its vast profits into bankrolling AI startups, suppliers, and chip customers, a web of dependencies that could now unravel (Financial Times)

  63. Techmeme

    Jensen Huang's resignation caps a 33-year career, growing Nvidia from a GPU maker to AI giant; born in Taiwan, he moved to the US at 10 and owns 3.6% of Nvidia (Amrith Ramkumar/Wall Street Journal)

  64. Techmeme

    Nvidia dropped 14% at Thursday's open after Jensen Huang resigned, erasing $600B+ in value and taking its market cap below $4T for the first time since 2025 (Bloomberg)

  65. Bloomberg Technology

    Nvidia Turns to CFO Kress to Steady Ship After Huang Exits

  66. AI News & Artificial Intelligence | TechCrunch

    Jensen Huang is out at Nvidia — who is Colette Kress, his interim replacement?

  67. Latest from Tom's Hardware

    Elon Musk says it ‘would be an honor’ to hire ousted Nvidia CEO Jensen Huang

  68. AI | The Verge

    Read Nvidia’s internal emails about the ‘extraordinarily difficult period’ amid CEO shakeup

  69. Bloomberg Technology

    Nvidia Shake-Up Is a Buying Opportunity, Says Analyst Chkaiban

  70. Techmeme

    President Trump says Tim Cook is the "only one man" to take Jensen Huang's place as Nvidia CEO, adding "A Legend replaces a Legend!" (Zac Hall/9to5Mac)

  71. Bloomberg Technology

    With Jensen Huang Gone, Who Will Be Nvidia's Next CEO?

  72. AI News & Artificial Intelligence | TechCrunch

    Trump floats Apple chairman Tim Cook as Jensen Huang’s successor

  73. Bloomberg Technology

    Read the Memos From Nvidia Leaders After Jensen Huang Ouster

  74. Techmeme

    Staff email: interim Nvidia CEO Colette Kress cites "an extraordinarily difficult period" and sets a meeting to "hear more from leadership" on November 18 (Terrence O'Brien/The Verge)

  75. Latest from Tom's Hardware

    President Trump says Apple’s Tim Cook is the only man to replace Jensen Huang as Nvidia CEO

  76. Bloomberg Technology

    Must be a 'Tech Mind' in Nvidia CEO Position, Says Ted Mortonson

  77. AI | The Verge

    Jensen Huang is out. What did China want from him?

  78. AI News & Artificial Intelligence | TechCrunch

    Five ways Jensen Huang’s ouster from Nvidia could damage the AI industry

  79. Bloomberg Technology

    Jensen Huang on AI Optimism and Nvidia’s Next CEO

  80. Bloomberg Technology

    What We Know About Nvidia's Interim CEO Colette Kress

  81. Techmeme

    Colette Kress may take a more conservative approach than Jensen Huang; sources say she sometimes pushed back on his riskier deals like backstopping OpenAI (Phoebe Liu/The Information)

  82. Bloomberg Technology

    With Jensen Huang Out, What’s Next For Nvidia, China and AI Race? Live Q&A

  83. DEV Community: ai

    When a Company Becomes Too Dependent on One Person

  84. Bloomberg Technology

    Nvidia Fallout Puts China-US Trade Truce To The Test

  85. AI | The Verge

    The Jensen Huang scandal is hardly over

  86. Bloomberg Technology

    Jensen Huang's Of The World Are 'Irreplaceable' Says Monaghan

  87. GeekWire

    Nvidia founder’s wife faces spotlight that MacKenzie Scott and Melinda French Gates know well

  88. Business Latest

    Jensen Huang Basically Lit More Than $1 Trillion on Fire in Less Than a Month

  89. Bloomberg Technology

    Former Prosecutor Breaks Down Nvidia’s Legal Exposure

  90. Bloomberg Technology

    Jensen Huang Ousted By Nvidia Board As CEO

  91. Bloomberg Technology

    Nvidia Names Colette Kress as Interim CEO

  92. GeekWire

    Nvidia’s interim CEO spent 13 years at Microsoft, far from the spotlight

  93. Business Latest

    Jensen Huang’s $470 Billion Affair

Full coverage · 89 sources

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