Jensen Huang, the Nvidia chief executive who led the artificial intelligence boom and saw the company’s market capitalization exceed $5.7 trillion, resigned after revelations about two extramarital affairs. One involved Alice Huang, a former Megaspeed executive suspected of being a Chinese intelligence asset, triggering a board investigation, a congressional summons and US federal investigations. Huang’s departure after 33 years with Nvidia comes as the company invests nearly $50 billion in AI model companies, pledges $170 billion in financing and faces increasing competitive and regulatory pressure. His chips remain the industry standard and supply is contracted through next year, but customers are moving toward rival chips and governments are promoting sovereign AI. The crisis raises the question of whether the industry can function without both its dominant supplier and its most influential executive.
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