StocksHigh ImpactUpdated•Originally published 12 November 2026•Updated 12 November 2026•
1 min read
Jensen Huang Ousted as Nvidia CEO Following Chinese Spy Scandal
Key Facts
1Jensen Huang was removed as Nvidia CEO on Thursday following revelations involving a Chinese spy scandal.
2The ousting follows allegations of affairs with a suspected Chinese spy and a company executive.
Jensen Huang was removed as Nvidia CEO on Thursday following revelations involving a Chinese spy scandal. The New York Post reported that the ousting follows allegations of personal affairs with a suspected Chinese spy and a company executive, leading the board to take action amid investigations into potential security risks.
NVDA closed at $173.73 on November 11, 2026, prior to the announcement of this leadership change. In the broader semiconductor sector, AMD closed at $552.9 and TSM closed at $413.35 on the same date, while INTC finished at $62.5.
Latest Updates · 1
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Update: Jensen Huang also resigned from his position as a board member of Nvidia on November 12, 2026. This resignation marks the end of Huang's 33-year tenure at the company he co-founded.