Intel shares fell nearly 3% following the resignation of Jensen Huang, Nvidia’s co-founder and chief executive. In November 2026, Nvidia opened an independent investigation into allegations concerning Huang’s personal conduct, after which he acknowledged infidelity and resigned with immediate effect. Chief financial officer Colette Kress is serving as interim chief executive while the board searches for a permanent successor. Nvidia has lost hundreds of billions of dollars in market value, and its shares recorded intraday declines of 13% to 14% during the week after the crisis began. Intel is particularly exposed because Nvidia invested $5 billion in the company in late 2025, a stake now worth $13 billion, and investors fear that Nvidia’s leadership change could affect the partnership on custom processors.
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