Jensen Huang Resigns as Nvidia CEO Amid China Ties Investigation
Key Facts
Jensen Huang has resigned as CEO of Nvidia following investigations into his ties with China. MarketWatch reported that the resignation follows a board investigation into Huang's alleged affair with a Chinese executive and lobbying efforts to bypass US export restrictions.
Nvidia stock closed at $164.735 on November 12, 2026, ending the session 4% lower after trimming earlier losses triggered by the resignation news. On the same day, TSM closed at $406, while AMD closed at $552.9 on November 11, 2026, and INTC closed at $62.5 on that same date.
Latest Updates · 1
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Update: Jensen Huang is forfeiting approximately $108 million as part of his resignation from Nvidia. This financial forfeiture follows the board investigations that led to his departure from the leadership role.