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CZ Says Nvidia Erred Letting CEO Resign

Nvidia said its directors accepted Jensen Huang’s resignation as CEO, president and a board member on Nov. 11, 2026, effective immediately. Chief Financial Officer Colette Kress became interim CEO while keeping her finance duties; the board said it would consider internal and external candidates for the permanent role.

The board had opened an independent inquiry on Nov. 8 into a reported foreign intelligence effort targeting Huang. Directors said at the time that they had no reason to believe national security or company secrets had been compromised. U.S. intelligence officials reportedly alleged that a woman with whom Huang had an affair was a Chinese intelligence asset; Beijing denied the allegation.

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