# Cramer says Jensen Huang betrayed Nvidia shareholders. How to pick up the pieces

- URL: https://talkfuse.com/story/cramer-says-jensen-huang-betrayed-nvidia-shareholders-how-to-pick-up-the-pieces/
- Published: 2026-11-12T23:14:56+00:00
- Updated: 2026-11-13T09:41:56+00:00
- Original publisher: CNBC (publisher lean: Centre)
- Original article: https://www.cnbc.com/2026/11/12/nvidia-jensen-huang-exit-cramer.html
- Topics: Business

## Key points

- Huang resigned as Nvidia CEO amid reports and investigations.
- Shares fell over 4% on Thursday and are down 12% this year.
- Cramer backed interim CEO Colette Kress and urged caution.

## Summary

Jim Cramer said Jensen Huang’s resignation as Nvidia chief executive was necessary to protect the company and its shareholders from further fallout. The leadership change follows reports of relationships involving Huang and employees, as well as scrutiny over a separate relationship and possible breaches of US chip export restrictions.

Nvidia shares fell more than 4% on Thursday after dropping over 14% at their lowest point; the decline leaves the stock down 12% this year. Longtime finance chief Colette Kress has become interim CEO. Cramer said Nvidia’s business and cash reserves remain strong, but investigations, competition from firms such as AMD, and uncertainty about the company’s investments could weigh on the shares. He urged investors with substantial gains to consider taking some profits.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.