Jensen Huang has stepped down as Nvidia's CEO after a second accusation of cheating emerges

Credit: Nvidia / Screenshot / YouTube Published Nov 12, 2026, 9:08 AM EST Simon is a Computer Science BSc graduate who has been writing about technology since 2014, and using Windows machines since 3.1. After working for an indie game studio and acting as the family's go-to technician for all computer issues, he found his passion for writing and decided to use his skill set to write about all things tech. Since beginning his writing career, he has written for many different publications such as WorldStart, Listverse, and MakeTechEasier. However, after finding his home at MakeUseOf in February 2019, he would eventually move on to its sister site, XDA, to bring the latest and greatest in Windows, Linux, and DIY electronics. Sign in to your XDA account This article covers a developing story. Continue to check back with us as we will be adding more information as it becomes available. Summary Jensen Huang has resigned as Nvidia CEO after two accusations of extramarital relationships. The board cut ties; Nvidia stock fell, and the company lost the top US market capitalization crown to Apple. Colette Kress has stepped in as interim CEO. Jensen Huang has had a rough week. After first being accused of having an affair with a suspected Chinese spy, Megaspeed International executive Alice Huang, he was then under a second round of scrutiny after five Nvidia employees reported that he was also in a relationship with an executive who reports to him, Kimberly Powell, Nvidia's Vice President of Health Care. The tech world speculated about what would happen to Huang's position as Nvidia's CEO after these two revelations, and the board has reached a conclusion. Jensen Huang has stepped down from his role, leaving Colette Kress, Nvidia's current Chief Financial Officer, as interim leader. Colette Kress has stepped into the role as interim leader at Nvidia "The Board has full confidence in Colette and the leadership team" Credit: Nvidia As announced in an Nvidia press release, Jensen Huang is no longer Nvidia's CEO. The move comes after the board discussed his future following recent accusations that led to his stepping down. Kress has stepped up as interim CEO. In a recent press release focused on the shit, Harvey Jones, the Chair of the Nvidia Board of Directors, has confidence that Kress has what it takes to get the job done: “Colette has helped lead NVIDIA through a period of extraordinary growth and has a deep understanding of our business, customers, operations and financial position. She is supported by an experienced leadership team that has been instrumental in executing NVIDIA’s strategy and advancing its technology roadmap. The Board has full confidence in Colette and the leadership team, and we expect the company’s operations, customer commitments and product roadmap to continue without interruption.” After the news broke, Nvidia's stock fell to the point where it was no longer the most valuable company in the US, losing its crown to Apple. We'll have to see whether the new CEO can pull the company back into the spotlight, or if this marks the beginning of the end of Nvidia's dominance in the US market.