Nvidia tumbles 10% premarket as Jensen Huang resigns as CEO

43 minutes ago 12

Colette Kress, Nvidia's finance chief since 2013, will serve as interim CEO while the board considers internal and external candidates.

Thu 12 Nov 2026 · 08:52 EST 1 min read

In Technology

Nvidia shares fell 10% in premarket trading on Thursday after Jensen Huang stepped down as CEO, president and board member with immediate effect.

The chipmaker appointed CFO Colette Kress as interim chief executive while launching a search for a permanent replacement.

This is a developing story.

Disclosure: This article was edited by Diego Almada Lopez. For more information on how we create and review content, see our Editorial Policy.

Read Entire Article