Jensen Huang has resigned from his position as president and chief executive of Nvidia, the company said on Thursday, just a few days after he admitted to a romantic affair with an alleged Chinese spy, sparking a U.S. national security crisis. In a regulatory filing, Nvidia said its board accepted Huang’s resignation on Wednesday.
Nvidia said its current chief financial officer and executive vice president, Collete Kress, will take over as interim CEO until the company finds a permanent successor. Kress will continue to serve as the company’s CFO.
Nvidia’s shares were down nearly 12% in early morning trading on Thursday. Since Friday, the company’s stock has fallen by as much as 19%, resulting in a market cap loss of more than $855 billion.
Read more…
Source: TechCrunch News
Sign up for the Cyber Security Review Newsletter
The latest cyber security news and insights delivered right to your inbox
Related:
- Pentagon breach exposed sensitive data on nearly 3 million people
September 29, 2026
A breach of the Pentagon’s sprawling personnel database exposed sensitive information belonging to a massive swath of military personnel, including Social Security numbers and details about the jobs they held, according to a U.S. defense official. The breach affected 2.76 million living people and another 294,000 who are deceased, the official said. The scope and sensitivity ...
- A former US Army soldier has been sentenced to 70 months in prison for hacking telecoms companies
September 28, 2026
A former US Army soldier has been sentenced to 70 months in prison for hacking telecoms companies, stealing sensitive records, and trying to extort more than $1 million from his victims. Cameron John Wagenius, 22, carried out the campaign while serving on active duty. He pleaded guilty in March 2025 to unlawfully transferring confidential phone records, ...
- FBI agents’ blood tests and doctors’ notes surface after breach
September 28, 2026
BBC News reports it has seen samples of stolen FBI agents’ medical examinations. The “fitness-for-work” reports identify FBI agents by name and address, and reveal even more personal details. They include blood and urine test results and doctors’ notes mentioning high cholesterol, blood in the urine, and even a shellfish and banana allergy. As we reported ...
- Stolen passwords are exposing America’s water providers to hackers
September 22, 2026
New security research has found that well over a thousand U.S. water and wastewater providers are exposed to hacks due to malware that’s capable of stealing their employees’ passwords and active logged-in sessions. The findings by cybersecurity defense firm SpyCloud underscore how water providers and other critical infrastructure can be compromised with relative ease amidst a ...
- ShinyHunters hackers say they breached FBI, stole data on bureau employees
September 22, 2026
The digital extortion group known as “ShinyHunters” said on Tuesday that it had breached the Federal Bureau of Investigation and stolen data on a huge number of current and former FBI employees. The bureau did not respond to repeated messages seeking comment on Tuesday. In a statement posted to its dark-web site and during an online chat ...
- US proposes AI incident alert system in talks with China
September 21, 2026
Treasury Secretary Scott Bessent said Sunday the U.S. has proposed a new “notification mechanism” for artificial intelligence incidents that could affect national security, part of weekend discussions ahead of talks at the White House this week between President Donald Trump and China’s Xi Jinping. “We want a shared vision of common goals and common threats,” Bessent ...