Nvidia stock plunges after Jensen Huang resigns: Why his alleged affairs matter to Americans
Channel: CBS News
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Read a transcript preview of “Nvidia stock plunges after Jensen Huang resigns: Why his alleged affairs matter to Americans” from CBS News, uploaded on 2026-11-12.
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Language: English (original, YouTube automatic captions)
[0:00] There is a seismic shift happening at
[0:02] NVIDIA right now. For years, Jensen
[0:04] Hong, the CEO of the company, was
[0:06] indispensable to the artificial
[0:08] intelligence revolution. Now, he's out
[0:12] at the company. He has resigned. And
[0:14] we're about to find out if this company
[0:16] can still survive without the person
[0:19] that Wall Street considered
[0:20] indispensable. But by the way, this
[0:22] isn't just about one billionaire CEO's
[0:24] downfall. This is about your money,
[0:26] America's competition with China, and
[0:28] whether that critical company to the AI
[0:31] race can still dominate without the
[0:33] person who built it. So, how do we get
[0:35] here? All right. Over the weekend,
[0:36] Jensen Hang sent a note to his staff
[0:38] admitting that he had an extrammarital
[0:40] affair. Now, that affair, it's alleged
[0:43] that he had that with a woman named
[0:44] Alice Hang. No relation there. And she
[0:47] is accused of being a Chinese spy. Now
[0:49] that headlin