Jensen Huang’s abrupt resignation as NVIDIA CEO and board member on November 12, 2026, stems from reports of extramarital affairs, including one involving a suspected Chinese intelligence operative that triggered a national security probe and board investigation. Colette Kress, the longtime CFO, was named interim CEO while the board launches a search for a permanent successor that includes both internal and external candidates; Harvey Jones became the company’s first board chair. NVIDIA shares dropped sharply on the news, reflecting trader concerns over leadership continuity in the AI chip market. Upcoming catalysts include the company’s November 17 earnings release and an internal all-hands meeting on November 18. With Huang removed from the board and no indications of a rapid return, prediction markets on rejoining by specific dates price low probabilities, as the departure appears driven by governance and reputational factors unlikely to reverse quickly.