ATLAS News · Companies

Nvidia names Colette Kress interim CEO as Huang exits amid affair reports

Published November 13, 2026 · 6 sources

Reuters and Yahoo Finance report Colette Kress is Nvidia's interim CEO after Jensen Huang's exit, as tech shares stayed under pressure on Friday.

What happened

Reuters reports that Colette Kress, the company's CFO, is now Nvidia's interim CEO. Yahoo Finance describes the departure of Jensen Huang as a shock downfall and says Wall Street stocks were mostly lower on Friday, with tech shares under pressure.

A Yahoo Finance exclusive, citing sources, says the former CEO misled the company's top lawyer about an affair with a Chinese businesswoman. Another Yahoo Finance headline says Huang admitted to the affair amid a Chinese spy probe.

Yahoo Finance also reports that Elon Musk, Tom Lee and the Shopify CEO signed a petition titled Stand With Jensen, which calls for Huang to be reinstated as Nvidia CEO. A separate Yahoo Finance piece asks whether Musk could help bring him back.

Context

A change in the top executive at a major listed company often draws close attention from investors because leadership can shape strategy and market sentiment.

Why it matters

Nvidia is a heavily followed technology company, so developments in its leadership may influence sentiment toward tech shares more broadly.

Stocks in this story

Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.

NVIDIANVDA

−2.01%

Technology · NASDAQ

Live price

$162.85▼ -2.01%

live price · USD

Close on November 13: $162.85−2.01% vs. previous close ($166.19)
Fair value (ATLAS): $155.16Fair range: $112.11 to $214.75The price ($162.85) is 5.0% above that figure: close to its fair value.
Chance of a rise in 1 month: 48%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $147.62 and $177.48; 9 in 10, between $125.38 and $208.96.

See the full ATLAS analysis of NVIDIA →

Closing prices, fair value and probabilities: ATLAS own data. How we calculate fair value.

Sources

ATLAS writes its own summaries from the reporting of these outlets. Each link opens the original publisher.

Wall Street stocks mostly lower as Nvidia extends slump · Yahoo Finance · November 13, 2026
Colette Kress, the CFO who challenged Huang's bets, is Nvidia's interim CEO · Reuters · November 13, 2026
Exclusive-Ex-Nvidia CEO misled top lawyer on affair with Chinese businesswoman, sources say · Yahoo Finance · November 14, 2026
Can Elon Musk Bring Jensen Huang Back as Nvidia CEO? · Yahoo Finance · November 14, 2026
Elon Musk, Tom Lee, Shopify CEO Sign ‘Stand With Jensen’ Petition To Reinstate Him As Nvidia CEO · Yahoo Finance · November 14, 2026
Nvidia CEO Jensen Huang Admits to Affair Amid Chinese Spy Probe · Yahoo Finance · November 14, 2026

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