Cramer says Jensen Huang betrayed Nvidia shareholders. How to pick up the pieces
According to reporting by CNBC International Markets, Without Huang, Cramer said Thursday, "There won't be a better Nvidia, just a different one."
International wire reporting from the CNBC International Markets confirms significant developments in United States. Global observers and diplomatic missions are monitoring strategic and macroeconomic ramifications.
“International wire reporting from the CNBC International Markets confirms significant developments in United States. Global observers and diplomatic missions are monitoring strategic and macroeconomic ramifications.”
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- •Official Issuing Wire: CNBC International Markets
- •Editorial Desk: Global Economy
- •Coverage Domain: WORLD
- •Publication Status: Verified Journalistic Dispatch
Executive Briefing
According to reporting by CNBC International Markets, Without Huang, Cramer said Thursday, "There won't be a better Nvidia, just a different one."
Detailed Factual Report
CNBC's Jim Cramer criticized former Nvidia CEO Jensen Huang on Thursday for putting the chipmaker's future at risk.
Huang resigned Thursday morning following reports of an affair with an Nvidia executive who reported to him. Hours later, Reuters reported that he had an "intimate relationship" with a second employee. These revelations came days after Huang admitted to an affair with an executive at a Singapore-based cloud computing company whom U.S. intelligence agencies suspect of spying for China. Longtime CFO Colette Kress was named interim CEO of Nvidia. Cramer said Huang's departure was necessary to protect Nvidia from further fallout.
Shares ended Thursday down more than 4%, but at its lows of the morning, the stock was off over 14%. The decline in Thursday's session brings Nvidia's losses this year to 12%.
While questions remain about what comes next for the AI chipmaker, Cramer argued that Nvidia's future extends beyond the executive who helped build it into one of the world's most valuable companies. "There won't be a better Nvidia, just a different one [without Huang]," Cramer said, envisioning a company that is better organized and more disciplined about its investments.
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Source & Verification Provenance
Information in this article was compiled directly from records provided by CNBC International Markets. Access the primary source document at: https://www.cnbc.com/2026/11/12/nvidia-jensen-huang-exit-cramer.html. Reporting and editorial review conducted by the USA NOW News Desk.
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Official communications from CNBC International Markets highlight significant international developments and strategic implications involving United States.
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Reporting indicates engagement among foreign ministries, diplomatic representatives, and international monitoring institutions.
Where can readers follow subsequent communiqués?
Direct official transcripts and bulletins are distributed via CNBC International Markets at https://www.cnbc.com/2026/11/12/nvidia-jensen-huang-exit-cramer.html.
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- CNBC International Markets — https://www.cnbc.com/2026/11/12/nvidia-jensen-huang-exit-cramer.html
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