Topic

Nvidia leadership shaken by scandal

10m

Jensen Huang resigned immediately as Nvidia’s CEO, chairman and board member amid reports of affairs, including one with a woman U.S. officials suspect of spying for China. CFO Colette Kress was named interim CEO, and Nvidia shares fell more than 7% in early trading.

14%
Jensen Huang’s decision to resign from NVIDIA does not absolve him, other executives, or the company as a whole of responsibility for putting our national security at risk or for any potential violations of our laws.

They still owe Congress answers.
November 12, 2026 at 3:42 PM
3%
Multiple reports stated that when Trump received his second briefing about Jensen Huang's affair with a Chinese spy, he did nothing.

Turns out that is not true. Trump dumped a HUGE stake in NVIDIA stock.

He didn't warn Huang. He didn't order investigations into national security risks.
November 13, 2026 at 1:55 AM
85%
Off to teach my Transportation & Logistics class @isenbergumass.bsky.social on a big news morning www.usatoday.com/story/tech/2...
Jensen Huang resigns as Nvidia CEO amid affair probe
Jensen Huang is out as Nvidia CEO amid a probe into his relationship with a Singapore-based tech executive U.S. officials suspect of spying for China.
www.usatoday.com
November 12, 2026 at 2:11 PM

Reposted by Daniel W. Drezner

7%
Nvidia CEO Jensen Huang has resigned.

AP: The company named Colette Kress as interim CEO. Shares of Nvidia, one of the largest companies in the world, plunged 10% in premarket trading.
November 12, 2026 at 2:07 PM
21%
Q: Why didn’t Trump care about the Chinese spying?

A: Because … “At Mr. Huang’s urging, Mr. Trump allowed Nvidia to sell certain models of its chips to China under an unusual arrangement in which the federal government took 15 percent, and later 25 percent, of the revenue.”
Trump Had Urged Nvidia’s Jensen Huang to Fight for His Job
The president called the Nvidia chief on Tuesday, continuing a pattern of supporting him even as the spy scandal was intensifying.
www.nytimes.com
November 13, 2026 at 1:23 AM
71%
Really looks like a glass cliff, though, with Colette being set up for failure. The stock price has nowhere to go but down from here.
November 12, 2026 at 5:34 PM

Reposted by Robert N. Stavins

1%
New York Times
Trump Had Urged Nvidia’s Jensen Huang to Fight for His Job

The president called the Nvidia chief on Tuesday, continuing a pattern of supporting him even as the spy scandal was intensifying.

Trump Had Urged Nvidia’s Jensen Huang to Fight for His Job
Reposts 252 4h
5%
Trump Had Urged Nvidia’s Jensen Huang to Fight for His Job www.nytimes.com/2026/11/12/u...
Trump Had Urged Nvidia’s Jensen Huang to Fight for His Job
The president called the Nvidia chief on Tuesday, continuing a pattern of supporting him even as the spy scandal was intensifying.
www.nytimes.com
November 13, 2026 at 1:12 AM
12%
Needless to say, the just-announced resignation of Nvidia's CEO Jensen Huang is a significant development given his key roles within the company and well beyond
Yet, far from concluding this episode, it is just one chapter of a bigger issue with economic, financial, and geopolitical repercussions...
November 12, 2026 at 2:23 PM
22%
At this exponential rate there will be more than a million illicit Huang relationships being reported by the end of the month.
November 12, 2026 at 8:18 PM

Reposted by Greg Linden

24%
oh I see why some people are predicting financial doom regarding Jensen's departure from NVIDIA. The new CEO, Colette Kress, was the CFO and has been opposed to circular financing deals. No more questionable free rides for datacenters and hyperscalers (that will make the AI grifters sad).
November 12, 2026 at 5:15 PM

Reposted by Greg Linden

24%
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)

Main Link | Techmeme Permalink
November 12, 2026 at 2:41 PM
26%
If Jensen Huang steps down, will we find out more about the deal with the Trump administration that allowed Nvidia to export H200 chips to China? Will he be willing/eager to talk?
November 12, 2026 at 12:57 PM

Reposted by Greg Linden

24%
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)

Main Link | Techmeme Permalink
November 12, 2026 at 3:01 PM
21%
When they said the A.I. bubble would end with a bang, THIS is what they meant? www.wsj.com/business/nvi...
Jensen Huang Has Been Ousted as Nvidia CEO
Nvidia Chief Executive Jensen Huang has resigned after two extramarital affairs, including one with a suspected Chinese spy and another with an employee.
www.wsj.com
November 12, 2026 at 2:40 PM
12%
...
The situation will remain in the spotlight, not only as the company navigates the loss of its highly-influential founder, but also as various political investigations (formal and informal) unfold.
#economy #markets @nvidiabot.bsky.social #nvidia #JensenHuang
November 12, 2026 at 2:23 PM
9%
And…welcome to the glass cliff.
NVIDIA NAMES JONES FIRST-EVER BOARD CHAIR

NVIDIA NAMES CFO COLETTE KRESS INTERIM CEO
November 12, 2026 at 1:51 PM
21%
When they said the A.I. bubble would end with a bang, I didn’t expect this.
November 12, 2026 at 2:38 PM

Reposted by Greg Linden

24%
“She’s extremely strong-willed, professional, and whip-smart.”

What to know about Colette Kress, NVIDIA’s interim CEO:
Meet Colette Kress, Nvidia’s New Interim CEO
Nvidia’s longtime chief financial officer helped transform the company into an AI powerhouse. Now she’s taking the reins following Jensen Huang’s resignation on Thursday.
www.wired.com
November 12, 2026 at 2:19 PM

Reposted by Greg Linden

24%
Jensen Huang is gone. Will the AI industry pay the price? ft.trib.al/8pmJiDN
Jensen Huang is gone. Will the AI industry pay the price?
Nvidia chief’s fall could unravel the web of financial dependencies that helped fuel the AI boom
ft.trib.al
November 12, 2026 at 2:29 PM