Nvidia CEO Jensen Huang resigns, company says

Name: Nvidia CEO Jensen Huang resigns, company says
Uploaded: 2026-11-12
Duration: 834 s
Channel: CBS News
Description: Read a transcript preview of “Nvidia CEO Jensen Huang resigns, company says” from CBS News, uploaded on 2026-11-12.

Channel: CBS News

Uploaded: 2026-11-12

Duration: PT834S

Read a transcript preview of “Nvidia CEO Jensen Huang resigns, company says” from CBS News, uploaded on 2026-11-12.

Transcript preview

Language: English (original, YouTube automatic captions)

[0:00] All right, we have breaking news coming

[0:01] in just now. Nvidia, right, the chip

[0:04] maker, the essentially driver of the AI

[0:08] revolution has just announced that CEO

[0:10] Jensen Hang has resigned. Now, remember

[0:13] how we got here? Hang admitted to an

[0:15] affair earlier this week with a woman

[0:18] who the United States believes is a

[0:20] Chinese spy. Last night, though, the New

[0:23] York Times reported a second

[0:25] extramarital affair. this time with an

[0:28] executive who reports to him. Now, just

[0:30] to give you a little bit of context, CBS

[0:33] News last night was able to confirm that

[0:35] the board of Nvidia was meeting with the

[0:38] plan to oust CEO Jensen Hang. We had

[0:41] also confirmed that the administration

[0:43] was aware of that decision. But now,

[0:46] Nvidia is announcing that Jensen Hang

[0:49] has resigned. and Colette Chris, uh,

[0:52] Colette Crest, she is the current

[0:55] executive vice president and chief

[0:57] financial officer of the company. She

[0:58] will step in as interim CEO and the

[1:02] company will plan to find a new CEO.

[1:06] They're going to consider internal and

[1:08] external candidates while they are

[1:10] looking for uh this new CEO. So,

[1:13] incredibly

[1:15] groundbreaking when it comes to the

[1:16] artificial intelligence space, the AI

[1:18] revolution. Remember, this company is

[1:21] the lynchpin of all of it. So, we're

[1:23] going to continue to unpack this because

[1:25] this is all coming in right now. And I

[1:28] want to bring in Patrick McGee. He is a

[1:30] contributing writer for The Free Press

[1:32] and the author of Apple in China: The

[1:33] Capture of the World's Greatest Company.

[1:36] Patrick, we spoke two days ago

[1:40] >> and I remember