# Nvidia stock pares morning losses after CEO Jensen Huang announces resignation

- URL: https://talkfuse.com/story/nvidia-stock-pares-morning-losses-after-ceo-jensen-huang-announces-resignation/
- Published: 2026-11-12T20:25:26+00:00
- Updated: 2026-11-12T20:33:17+00:00
- Original publisher: CNBC (publisher lean: Centre)
- Original article: https://www.cnbc.com/2026/11/12/nvidia-nvda-jensen-huang-second-affair.html
- Topics: Business, Companies, Markets

## Key points

- Nvidia shares pared losses after Huang’s immediate resignation.
- The stock was down 5% after falling as much as 14%.
- Colette Kress will lead as interim CEO.

## Summary

Nvidia shares recovered some ground on Thursday after falling sharply when Jensen Huang announced he would immediately leave as chief executive and a member of the board. The leadership change comes as the company’s market value remains close to $4 trillion, and investors await a permanent successor.

The shares were down 5%, after losses earlier reached 14%; Nvidia has closed above the $4 trillion mark since July 2025. Chief Financial Officer Colette Kress will serve as interim CEO, while former Synopsys chief executive Harvey C. Jones will become the company’s first board chair. The article also cites recent reports about Huang’s personal relationships, including his admission of an affair and a separate reported relationship with an Nvidia executive.

## Coverage

- [CNBC: Nvidia stock pares morning losses after CEO Jensen Huang announces resignation](https://www.cnbc.com/2026/11/12/nvidia-nvda-jensen-huang-second-affair.html)
- [The Register: Jensen Huang's self-sabotage sends Nvidia into a midlife crisis](https://www.theregister.com/ai-and-ml/2026/11/12/jensen-huangs-self-sabotage-sends-nvidia-into-a-midlife-crisis/5309480)
- [New York Times: Jensen Huang, Nvidia’s Ousted CEO, Was the Face of the A.I. Boom Powering the U.S. Economy](https://www.nytimes.com/2026/11/12/business/economy/jensen-huang-economy-nvidia-ai.html)

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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.