GoKawiilJim Cramer says Jensen Huang 'betrayed' Nvidia investors after CEO resignation
CNBC's Jim Cramer said Nvidia founder Jensen Huang betrayed shareholders by putting the company at risk, after Huang resigned amid reports of affairs with employees, including one at a Singapore cloud firm under US intelligence scrutiny over suspected Chinese espionage ties. CFO Colette Kress has become interim CEO, and Nvidia shares fell more than 4% Thursday, extending the stock's 2025 decline to 12%.
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Cramer suggested Huang's exit could lead to a more disciplined Nvidia, pointing to large equity stakes in Intel and CoreWeave that he says Huang resisted trimming despite his own advice to Kress. This framing implies new leadership might unwind some investments and return cash to shareholders, though that remains speculation rather than confirmed company policy.
- Jensen Huang resigned as Nvidia CEO following reports of multiple workplace relationships
- CFO Colette Kress has been named interim CEO
- Cramer argues a post-Huang Nvidia could pursue more disciplined capital allocation, citing Intel and CoreWeave stakes
Source: cnbc.com — Alexa Lomonaco, 2026-11-12
Published there as: “Cramer says Jensen Huang betrayed Nvidia shareholders. How to pick up the pieces”
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