Jensen Huang resigns as Nvidia CEO | The Economist

NVIDIA CEO Jensen Huang resigned amidst admissions of affairs with a suspected Chinese agent and a direct report, causing the company's market value to plummet by nearly half a trillion dollars. His departure removes a unique geopolitical figure who held critical access to both U.S. and Chinese leadership, sparking immediate concerns that the centralization of AI financing and chip design around his personal network will severely disrupt industry operations and freeze U.S.-China relations. Finance Chief now leads the company as an interim successor while investors grapple with the revelation that the CEO's personal influence was priced as an indispensable, yet now compromised, asset.