November 12, 2026 10:19 PM

Nvidia CEO Jensen Huang Resigns Amid Allegations of Links Between Former Associate and Chinese Intelligence

Nvidia CEO Jensen Huang resigned on Thursday amid allegations that a woman with whom he had an affair had links to Chinese intelligence, triggering uncertainty at the world's most valuable artificial intelligence chipmaker and raising concerns over the potential impact on the broader technology sector. The announcement followed a lengthy meeting of Nvidia's board on Wednesday, which appointed Chief Financial Officer Colette Kress as the company's acting head. Huang has acknowledged having an af...

August 27, 2026 10:08 AM

“Compute Is Power, Demand Accelerating,” Says NVIDIA CEO Jensen Huang as Q2 Results Beat Estimates

US chipmaker NVIDIA reported better-than-expected fiscal second-quarter results on Wednesday and issued revenue guidance above market estimates, sending its shares up about 4 per cent in extended trading. For the quarter ended July 26, 2026, NVIDIA reported revenue of USD 96.2 billion, an increase of 18 per cent from the previous quarter and 106 per cent from a year earlier. GAAP and non-GAAP gross margins stood at 75 per cent, while GAAP and non-GAAP diluted earnings per share were USD 2.46 an...