Nvidia’s Jensen Huang Steps Down as AMD’s Lisa Su Wins Yahoo Finance CEO of the Year

Two major developments in the global technology industry made headlines on November 12. Nvidia co-founder and CEO Jensen Huang resigned from his position with immediate effect, while AMD Chair and CEO Lisa Su was named Yahoo Finance’s ‘CEO of the Year 2026’. The timing of the announcements drew widespread attention, particularly because Huang and Su are reported to be distant relatives and lead two major competitors in the semiconductor and artificial intelligence industries. Nvidia appointed its Chief Financial Officer, Colette Kress, as interim CEO and said its board would begin searching for a permanent successor. Huang’s exit followed reports of alleged extramarital relationships, including one involving a woman suspected by US intelligence of having links to China. These are allegations, and the reported suspicions have not been independently established as fact.

Meanwhile, Lisa Su’s recognition reflects AMD’s strong performance and growing presence in the AI chip market. She took charge of the company in 2014, when it was facing significant challenges, and has since led its transformation into a major competitor to Nvidia. Yahoo Finance highlighted AMD’s business deals, financial performance and technology developments in explaining the award. The company’s shares have risen by more than 150% so far this year, and its market value crossed the $1 trillion mark in September, according to Yahoo Finance. The contrasting developments at the two companies have sparked discussion about the changing competitive landscape in the global AI and semiconductor sectors.