Nvidia CEO Jensen Huang is stepping down from the chipmaker he co-founded 33 years ago, marking a dramatic shift for the $4 trillion technology giant at the centre of the artificial intelligence boom.
Huang has denied compromising national security or leaking company secrets. Nvidia's board has hired law firm Wachtell Lipton to investigate the allegations, according to reports.
The controversy has also drawn attention to President Donald Trump's close ties with Huang, who had considerable influence over US AI policy and chip exports to China.
Huang's exit could have wider consequences for the AI sector. Nvidia supplies, finances and invests in numerous AI companies, making its leadership central to the industry's growth and business relationships.
Related Tweet:
BREAKING: Jensen Huang has resigned as president, CEO and board member of Nvidia effective immediately https://t.co/Wmn3bqXqVq https://t.co/ciBE9Wm5Gg
— Reuters (@Reuters) November 12, 2026
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