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Jensen Huang resigns as Nvidia CEO after espionage scandal wipes out $1.4 trillion in market value

Jensen Huang resigned as CEO, president, and board member of Nvidia effective immediately, according to a statement on November 12, 2026.

By The Decoder

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Jensen Huang resigns as Nvidia CEO after espionage scandal wipes out $1.4 trillion in market value
Image: The Decoder

Jensen Huang resigned as CEO, president, and board member of Nvidia effective immediately, according to a statement on November 12, 2026. The move came after the Wall Street Journal reported that the board was planning to fire Huang following revelations about two extramarital affairs, one of them with a suspected Chinese spy.

Since a New York Times report on…

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