# Nvidia shares drop 4% as CEO resigns, dragging down US stock markets

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10 outlets covering · First listed: Crypto Briefing, Nov 12, 2026, 7:33 PM · Read it: <https://cryptobriefing.com/nvidia-shares-drop-4-as-ceo-resigns-dragging-down-us-stock-markets/>

Nvidia's leadership change raises investor concerns, impacting market stability and highlighting the tech sector's influence on indices.

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, 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 11, 2026, 9:39 PM: [Nvidia shares slide as Huang resigns](<https://www.ft.com/content/a93307a7-e2cd-4abd-bd89-c38832d8c40e?syn-25a6b1a6=1>) — Financial Times (Newspaper, United Kingdom, rated Center)
  Stock down 10% ahead of Wall Street open
- Nov 12, 2026, 6:22 AM: [Nvidia Stock Tumbles After Jensen Huang Resigns as CEO](<https://www.nytimes.com/2026/11/12/business/nvidia-stock-price-jensen-huang-ceo-affair.html>) — New York Times (Newspaper, United States, rated Lean left)
  News that the chipmaker’s chief executive, Jensen Huang, resigned drove Nvidia’s stock down, though the broader market rose slightly.
- 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, 7:58 AM: [Jensen Huang Resigns as Nvidia CEO](<https://www.wired.com/story/nvidia-ceo-jensen-huang-steps-down/>) — Wired (Magazine, United States)
  Nvidia’s cofounder and chief executive resigned on Thursday after the company opened an investigation into his affair with an alleged Chinese intelligence asset.
- 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, 8:39 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, 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, 4:14 PM: [Nvidia’s Huang Resigns. Now What?](<https://news.google.com/rss/articles/CBMikwFBVV95cUxPY2VsQ1hYcGYtT2lfc2U0QTAxMGFIbnNZVzZwNWhkdmpZZ2RlSEZScmVkRVV2bUF3N1BwMmRkT3lMR2s0WURvV0tYOHAwUllBNWNqY1hlUWVtcl9ZNHpTa0JlV0V0ZmJkVEpLVlhZYmdUNGd2VG5Cc29Ib29Qd2toWjljQjY0VVZ4QTJRbkRqaEpSb2s?oc=5>) — CNN (TV network, United States, rated Lean left)
- Nov 12, 2026, 7:33 PM: [Nvidia shares drop 4% as CEO resigns, dragging down US stock markets](<https://cryptobriefing.com/nvidia-shares-drop-4-as-ceo-resigns-dragging-down-us-stock-markets/>) — Crypto Briefing (Specialist)
  Nvidia's leadership change raises investor concerns, impacting market stability and highlighting the tech sector's influence on indices.