source S-0031

Jensen Huang resigns as Nvidia CEO after alleged affairs

Date: 2026-11-12
Outlet: The Guardian
Author: Dan Milmo, Dara Kerr
URL: https://www.theguardian.com/technology/2026/nov/12/nvidia-ceo-jensen-huang-resigns
Retrieved: snippet · accessed 2026-11-12
File: sources/S-0031-jensen-huang-resigns-as-nvidia-ceo-after-alleged-affairs.md

Search excerpt. Says resignation followed reports of affairs with an alleged Chinese spy and "two company employees" (only Kimberly Powell is named in sources retrieved here — the second employee is a gap). Shares fell 13% at open, closed down 4.3% Thursday; >$180bn lost on the day and ~$490bn for the week. Board statement did not mention the scandal.

Referenced by (5)

fact F-0035 Nvidia board accepts Huang’s resignation; Colette Kress interim CEO; Harvey Jones chair
fact F-0040 Nvidia shares fall through the week (~$490bn lost by Nov. 12 close, per the Guardian)
claim C-0020 Huang had an affair with Kimberly Powell, a direct report
claim C-0039 Seed: it all lands as Anthropic launches a ~$61B IPO, days after >$0.5T was wiped off Nvidia
theory T-0008 Governance and personal conduct (why he actually left)