# Jensen Huang built Nvidia into a $4 trillion AI giant but owned less than 4% of it, leaving him without the super-voting power to protect his CEO role

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17 outlets covering · First listed: Fortune, Nov 12, 2026, 12:28 PM · Read it: <https://fortune.com/2026/11/12/jensen-huang-nvidia-ceo-resignation-ai-chip-founders-voting-power-board-control-mark-zuckerberg-meta-stock-market/>

Huang was the largest individual shareholder, but couldn’t decide the makeup of the board on his own due to the company’s share structure.

AI summary (may contain mistakes): Jensen Huang has resigned as Nvidia CEO, and Colette Kress was named interim CEO, according to Blockchain.News. The Financial Times reported his departure followed revelations of extramarital affairs, while the BBC said US lawmakers want to question him over whether one alleged relationship was with a Chinese spy. The New York Times reported that President Trump had urged Huang to fight for his job before he resigned.

## Who's covering it

In the order they published:

- Nov 11, 2026, 11:43 AM: [Jensen Huang must go](<https://www.economist.com/leaders/2026/11/11/jensen-huang-must-go>) — The Economist (Magazine, United Kingdom, rated Center)
- Nov 11, 2026, 5:10 PM: [Nvidia CEO Jensen Huang has resigned](<https://arstechnica.com/gadgets/2026/11/ceo-jensen-huangs-job-is-suddenly-on-the-line-at-nvidia/>) — Ars Technica (Digital news, United States)
  Nvidia CEO also had an affair with a senior executive at the firm.
- Nov 12, 2026, 1:54 AM: [Who could run Nvidia after Jensen Huang?](<https://www.ft.com/content/e47f7d4a-88d7-41e4-8c77-8ea8e0769353?syn-25a6b1a6=1>) — Financial Times (Newspaper, United Kingdom, rated Center)
  Chip giant co-founder’s future as chief executive is uncertain following report of a second affair
- Nov 12, 2026, 6:00 AM: [The Scandal Is Bigger Than Jensen Huang](<https://www.theatlantic.com/international/2026/11/nvidia-china-ai-regulation/689387/>) — The Atlantic (Magazine, United States, rated Lean left)
  No business executive should have so much political power that they can’t be held to account.
- Nov 12, 2026, 7:56 AM: [Jensen Huang resigns as Nvidia CEO immediately](<https://www.reuters.com/live/nvidia-live-board-meets-fate-ceo-jensen-huang-after-affair-reports-2026-11-12/>) — Hacker News (Aggregator, United States)
- Nov 12, 2026, 8:04 AM: [Jensen Huang Out At Nvidia After Affair Scandals](<https://www.forbes.com/sites/maryroeloffs/2026/11/12/jensen-huang-out-at-nvidia-after-affair-scandals/>) — Forbes (Magazine, United States, rated Center)
  The news comes after Nvidia shares plummeted more than 11% this week.
- Nov 12, 2026, 8:04 AM: [Jensen Huang is out as NVIDIA CEO](<https://www.engadget.com/2314584/jensen-huang-is-out-as-nvidia-ceo/>) — Engadget (Digital news, United States)
  He has held the position since the company's founding in 1993, but has recently been embroiled in an international scandal.
- Nov 12, 2026, 8:06 AM: [BREAKING News: Jensen Huang Resigns as Nvidia CEO (Report)](<https://cryptopotato.com/breaking-news-jensen-huang-resigns-as-nvidia-ceo-report/>) — CryptoPotato (Specialist)
  The reported resignation comes after claims that he had another affair with a women working at the company.
- Nov 12, 2026, 8:39 AM: [Jensen Huang officially resigns as Nvidia CEO](<https://mashable.com/tech/jensen-huang-resigns-nvidia-ceo>) — Mashable (Digital news, United States)
  Jensen Huang resigned as Nvidia CEO and left its board effective immediately. CFO Colette Kress will serve as interim CEO.
- Nov 12, 2026, 11:15 AM: [Jensen Huang Has Resigned. How Will Nvidia Replace Him?](<http://hbr.org/2026/11/jensen-huang-has-resigned-how-will-nvidia-replace-him>) — Harvard Business Review (Magazine, United States)
  Six HBR articles on what to do after a powerful founder steps down.
- Nov 12, 2026, 12:28 PM: [Jensen Huang built Nvidia into a $4 trillion AI giant but owned less than 4% of it, leaving him without the super-voting power to protect his CEO role](<https://fortune.com/2026/11/12/jensen-huang-nvidia-ceo-resignation-ai-chip-founders-voting-power-board-control-mark-zuckerberg-meta-stock-market/>) — Fortune (Magazine, United States, rated Center)
  Huang was the largest individual shareholder, but couldn’t decide the makeup of the board on his own due to the company’s share structure.
- Nov 12, 2026, 1:31 PM: [What we know after Jensen Huang resigns as Nvidia’s CEO](<https://news.google.com/rss/articles/CBMioAFBVV95cUxOMUxqUTE0WWZBT2xoV25SLUQ2dFgyWkhwZFZyRnk3d1Fibmtrb0d4T3otSXNpNmZiTVh0QUdkWTA4UmQ3cXQyVVM3ODc0V0g4YnVVbDJRYWF4VXlaXzMzZnJWNi1UR3YyZHJGbWNzaVFab2tiM3N2RjFIOUtWcnlJVWtMVnhQNmhJeTdPajNVUXZfU2NzWkw0aGJLVFMtaGY3?oc=5>) — AP (Wire service, United States, rated Center)
- Nov 12, 2026, 1:50 PM: [Jensen Huang, Nvidia’s Ousted CEO, Was the Face of the A.I. Boom Powering the U.S. Economy](<https://www.nytimes.com/2026/11/12/business/economy/jensen-huang-economy-nvidia-ai.html>) — New York Times (Newspaper, United States, rated Lean left)
  Nvidia’s ousted leader was a unique rhetorical and financial booster for investments that are driving economic growth.
- Nov 12, 2026, 2:32 PM: [Timeline of the stunning fall of Nvidia CEO Jensen Huang](<https://abcnews.com/Business/timeline-stunning-fall-powerful-nvidia-ceo-jensen-huang/story?id=138041659>) — ABC News (TV network, United States, rated Lean left)
  While the depths of the scandal have yet to be disclosed, here is a timeline indicating who knew what and when about Jensen Huang's affair with an alleged Chinese spy.
- Nov 12, 2026, 4:14 PM: [Jensen Huang Is Out. Will Nvidia’s Rivals Cash In?](<https://www.wired.com/story/uncanny-valley-podcast-jensen-huang-is-out-will-nvidias-rivals-cash-in/>) — Wired (Magazine, United States)
  In a special episode of “Uncanny Valley,” we break down Jensen Huang’s resignation from Nvidia, what comes next for the company, and where the AI industry goes from here.
- Nov 12, 2026, 4:37 PM: [What we know after Jensen Huang's resignation as Nvidia's CEO](<https://www.pbs.org/newshour/nation/what-we-know-after-jensen-huangs-resignation-as-nvidias-ceo>) — PBS NewsHour (Public broadcaster, United States, rated Lean left)
  Nvidia announced Huang's resignation on Thursday, effective immediately. The California-based company said that Colette Kress — who has been Nvidia's chief financial officer and executive vice president since 2013 — will step into the role of interim CEO.
- Nov 12, 2026, 4:59 PM: [5 takeaways from Nvidia’s Jensen Huang scandal](<https://thehill.com/homenews/analysis/6217604-nvidias-jensen-huang-resigned/>) — The Hill (Newspaper, United States, rated Center)
  Corporate America is in the midst of its most dramatic scandal in years. Jensen Huang, the CEO and co-founder of Nvidia, resigned Thursday after admitting to one extramarital affair, with a woman suspected of being a Chinese agent, and amid new reporting of a second affair, this time with an Nvidia colleague. The vast company…
