Nvidia CEO Jensen Huang Ousted After Affair Scandal

Nvidia CEO Jensen Huang was removed from his position on November 8, 2026, following confirmation of an extramarital affair, just 40 days after the company reached a historic market valuation of nearly $6 trillion on October 6. Huang's departure follows a period of unprecedented success, including a 106% revenue increase to $96.2 billion in August, a record $150 billion share buyback authorization on September 28, and over $100 billion in strategic investments across companies like OpenAI, SpaceX, and Anthropic. The scandal, which reportedly involved multiple affairs including with a Nvidia executive, has erased nearly $2 trillion in market value. CFO Colette Kress has been named interim CEO, facing investors on November 17.