Key takeaways
- Jensen Huang resigned as Nvidia’s CEO and board member after reports of an affair with an alleged Chinese spy and a second affair; CFO Colette Kress is interim CEO.
- Semafor reports Nvidia’s board is also considering Apple’s chip chief Johny Srouji, the man behind Apple Silicon.
- My view: a man who built one of the biggest companies in the world was taken down over his private life, and the company was judged by headlines, not by what it builds. And if Srouji leaves, Apple has a real problem.
Jensen Huang resigned as Nvidia’s CEO and from its board on November 12, 2026, after reports of an affair with an alleged Chinese spy and a second affair, with CFO Colette Kress named interim CEO. Semafor reports the board is also considering Apple’s hardware technologies chief Johny Srouji for the permanent job.
In this article: A matter of reputation, not of what he built · Judged by headlines, not by what the company makes · The part that matters for Apple · AI is not a bubble · Musk wants to hire him. Maybe that’s not the worst idea · FAQ
A matter of reputation, not of what he built
To me, this is about reputation. Falling in love, or starting a relationship, says nothing about a person’s work. Any of us can fall in love with someone we think is a good person. Then one day you learn that person may be a spy. Maybe he didn’t even know who she really was. Nobody knows that yet.
But people have become so mean lately that because of a romance they’re ready to sink a man who did perhaps more than anyone for the whole industry in recent years. Jensen Huang co-founded Nvidia in 1993 and turned it into the company that makes the brains of the world’s AI. And now everyone starts saying he’s a bad person, just because he made a mistake in his private life.
Judged by headlines, not by what the company makes
In my opinion, the way the market reacted is brutally arrogant. A company was judged by who its CEO slept with, not by what it produces. Nvidia’s chips didn’t get worse overnight. Its factories didn’t stop. AI stocks were already sliding before this, but most of the drop came with the scandal, not with anything Nvidia makes.
A man who made a mistake has to leave the company he founded. I can hardly believe it myself. And it’s not only Nvidia: more and more, companies are valued by one post on X instead of by what they’ve actually achieved. That’s not healthy.
And I’ll say it openly: I can’t prove anything, but I can’t shake the feeling that this was aimed exactly at taking power and control away from a man who achieved huge things lately. Maybe someone among the big corporations is happy about how this ended. People should at least ask that question.
The part that matters for Apple
For Apple fans, the most important name in this story isn’t Huang. It’s Johny Srouji, the man behind the M1 and Apple Silicon. Right now his name comes from one anonymous source. But we often see a “rumor” that suddenly, out of nowhere, turns out to be true.
Look at the last months. First Apple’s display veterans stepped back. Then Apple cut its own people’s AI budgets. Then Ternus pushed Federighi to go faster. Big brains keep leaving Apple. I think that sooner or later we’ll see the man behind the M1 leave too.
And honestly, for the person who built the M chips, leading a company like Nvidia would be a dream. If he goes, it will only show that inside Apple things are not as good as Ternus and the other bosses are trying to show us.
AI is not a bubble
For God’s sake, I can’t stand it when someone says AI is a bubble. Think about why they say it: because of stocks and the market. I don’t look at it that way. To me, AI is the latest thing humanity has truly created, and it’s a jump into the future. Medicine uses AI. Mathematicians use AI. Wherever you look, more and more big companies hire fewer people and switch to AI.
You think it’s a bubble? To me, that’s just speculation from people who don’t want to see the future. Luckily, nobody asks them. Companies keep investing billions in AI while the skeptics shout “bubble”. Nvidia reports its results on November 17. That’s where we’ll see the truth, not in the headlines.
Musk wants to hire him. Maybe that’s not the worst idea
Before Huang even resigned, Elon Musk wrote it would be “an honor” to hire him. You know my view of Musk, I won’t repeat it here. But maybe Musk is exactly the one who needs a person like Huang on his team. They’re both smart. And maybe, with a kindred soul next to him, the great visionary would come back to us under the name Musk. I would wish for that.
Also on Evolt News: Trump wants Tim Cook to run Nvidia · Ternus pushes Federighi to go faster · Apple cuts employees’ AI budgets · Apple passes Nvidia in value
Featured image: Nvidia headquarters in Santa Clara. Photo: Coolcaesar / Wikimedia Commons (CC BY-SA 4.0).
This article is opinion.
Jensen Huang resignation: FAQ
Why did Jensen Huang resign?
Nvidia gave no official reason. He resigned after reports of an affair with an alleged Chinese spy and a second affair.
Who is Nvidia’s CEO now?
CFO Colette Kress is interim CEO and remains CFO while the board searches for a permanent CEO.
Is Johny Srouji leaving Apple?
Nothing is confirmed. Semafor, citing one unnamed source, reports Nvidia’s board is considering him.
Who is Johny Srouji?
Apple’s senior vice president of Hardware Technologies, who led the development of Apple Silicon, including the M1.
How much did Nvidia stock fall?
Shares fell about 11% in premarket trading after the resignation, after hundreds of billions in value were lost during the scandal.
When does Nvidia report earnings?
On November 17, 2026.
Sources: Nvidia, Wall Street Journal, Semafor, TechCrunch, AppleInsider, Washington Post.
Our Take
Nvidia lost its founder over his private life, and the market judged the company by headlines instead of by the chips it makes. Its results on November 17 will tell more than the scandal.
For Apple, the risk is different. If the man behind Apple Silicon leaves, it would be one more big brain walking out, and Apple’s clearest advantage would walk out with him.
