Business · Markets · 5 hrs ago
Asian technology shares rebound after Nvidia leadership shake-up
Technology shares rose across major Asian markets on Friday, recovering after a fall the previous day.
The rebound came after Nvidia CEO Jensen Huang resigned, unsettling investors because the company’s chips are central to the AI boom.
Investors appeared to believe AI spending will continue despite the leadership change, rather than abandoning technology stocks.
Shares of chipmakers including Samsung Electronics, SK hynix, Advantest, Tokyo Electron and TSMC also climbed.
Nvidia’s CFO Colette Kress is interim CEO while the board looks for a permanent replacement, according to one account.
The episode may make investors more selective about which companies they back, while markets also weigh oil prices and upcoming US inflation data.
Asian technology shares rebounded Friday as investors weighed Nvidia CEO Jensen Huang’s resignation against expectations that spending on artificial intelligence would continue.
Market moves varied across reports, with some indexes and chipmakers rising while others fell.
Nvidia’s longtime chief financial officer, Colette Kress, was named interim CEO as the company’s board seeks a permanent successor.
Reports linked Huang’s resignation to revelations about alleged extramarital relationships, including one that raised U.S. national security concerns.
Oil prices steadied in early Asian trading after rising Thursday amid tensions involving the United States and Iran.
- Who
- Asian investors and technology companies, including chipmakers, responded to Huang’s departure from Nvidia.
- What
- Asian technology shares rebounded in some markets as investors assessed the impact of the leadership change on the AI sector.
- When
- Friday, November 13, 2026, following Huang’s resignation on Thursday.
- Where
- Asian stock markets, including Japan, South Korea and Taiwan.
- Why
- Investors weighed concerns about Nvidia’s leadership change against expectations that AI infrastructure spending would continue.
This story does not have two clearly opposing sides.
Jensen Huang resigned as Nvidia CEO, and Colette Kress was named interim CEO.
Wall Street shares fell, with Nvidia down more than 4% in AP’s report.
Asian markets traded unevenly, while some reports described strong gains in technology shares.
- Interim CEO
- Colette Kress
- Nikkei 225
- Up 0.8% to 61,283.16 in AP’s report
- Kospi
- Down 0.5% to 5,317.05 in AP’s report
- Taiex
- Up 1.7% in AP’s report
- Brent crude
- $95.70 a barrel, down 0.1% in AP’s report
4 sources
What people are saying
We don’t need a deal with Iran
The money is not leaving the AI sector: it is simply looking to reposition itself