Jensen Huang’s resignation, together with the results of the recent U.S. congressional elections, could mark a turning point in the relationship between business and government, with greater regulation and a stronger separation between finance and politics. Corruption was the leading issue for Democratic voters: 90% identified it as a crucial or major concern, compared with 86% for the cost of living. The Huang affair raises questions about large corporate donations to Donald Trump’s campaign, allegations of illegal Nvidia chip sales to China, and close ties between technology executives and the administration. This could lead executives to distance themselves from the White House, while Republicans from swing states may join Democrats on populist issues such as data centers, the environment and regulation.
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