Jensen Huang’s departure from Nvidia exposes the vulnerabilities behind the AI boom. As equities reel in response to his resignation following extramarital affairs, alleged Chinese espionage and a summons to testify before US lawmakers, questions mount over who is really in charge of tech and whether the immense capital riding on it can survive the turmoil.
Nvidia is a name that has been projected front and centre in the minds of tech enthusiasts and returns-chasing investors alike since its surge to dominate the tech sector in the S&P 500, where it typically accounts for 6 to 7 percent of the value of the index that tracks the performance of 500 leading large-cap, publicly traded companies. But in the space of just a couple of weeks, the $4.2 trillion semiconductor group – whose chips underpin much of the world’s artificial intelligence build-out – has been plunged into the most serious governance crisis since its 1993 inception, sparking geopolitical friction and renewed nervousness amid an ongoing artificial intelligence (AI) boom.
Caught in the crossfire is founder and now defunct CEO Jensen Huang, who for more than three decades was the driving force behind Nvidia (somewhat ironically, attributed to coming from the Latin for "envy"
