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Nvidia CEO Jensen Huang resigns after reports of second affair deepened scandal

Marcus Chen
Managing Editor · Thursday, November 12, 2026 at 1:56 PM · 1 min read
Nvidia CEO Jensen Huang resigns after reports of second affair deepened scandal — Amsterdam Technology news

Rachel Clun Business reporter, in New York Nvidia has been crucial to artificial intelligence development, so the turmoil around its leader has rippled out to affect global AI and tech stocks. South Korea’s tech and chipmaker-heavy Kospi index closed down 0.6% on Thursday, and the Taiwan Semiconductor Manufacturing Company was trading down about 1.7%. Bad news for Nvidia could be good news for some of its competitors, however. Shares in Chinese manufacturers of graphics processing units rose, with Moore Threads, MetaX and Cambricon all surging by more than 8%. Shares in American chipmaker AMD rose by 4% in early trading.

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