Jensen Huang Resigns as Nvidia CEO: What Happens Next for AI Chips?

Nvidia announced on November 12, 2026 that co-founder Jensen Huang resigned as chief executive, president and director, ending his 33-year tenure, with longtime CFO Colette Kress named interim CEO and former Synopsys chief Harvey Jones appointed board chairman while a permanent search begins. The departure followed a November 8 board announcement of an independent investigation into reports Huang was targeted by a foreign intelligence effort, which the company said gave no reason to believe its secrets or U.S. national security were compromised; Huang acknowledged marital infidelity, while related espionage allegations remain disputed and unproven. Nvidia reported $96.2 billion in fiscal Q2 2027 revenue, including $89.0 billion from Data Center, and its quarterly results call had been scheduled for November 17.