ABC7 Los Angeles — News
12/11/2026 11:41

Nvidia stock sinks after CEO Jensen Huang resigns

Huang reportedly carried out an extramarital affair with an alleged spy.

ByMax Zahn ABCNews logo

Thursday, November 12, 2026 2:41PM

Nvidia CEO Jensen Huang is resigning after his affair raises national security concerns.

AP Photo/Markus Schreiber

Shares of Nvidia sank on Thursday morning after the tech company announced the resignation of CEO Jensen Huang.

Nvidia stock fell more than 13%, putting the stock price at $150.05.

Colette Kress, current executive vice president and chief financial officer, will serve as interim CEO, the company said in a statement on Thursday.

Huang's resignation comes amid reports of Huang's alleged affair with an alleged Chinese spy.

This is a developing story. Please check back for updates.

Copyright © 2026 ABC News Internet Ventures.

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