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How the effects of Jensen Huang’s ouster is spiraling out through the economy

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How the effects of Jensen Huang’s ouster is spiraling out through the economy

Jensen Huang has had a bad week. It all began when news surfaced that he’d been having an affair with an alleged spy for the Chinese government. In response, NVIDIA’s corporate board began an investigation, and the FBI launched a probe, too. Then, late last night, news broke that Huang had at least one other affair, with a company executive who reported directly to him. By Thursday morning, Huang had resigned, and the chip company had appointed a new interim CEO. Reuters then reported a second affair with a different employee.

Obviously, this is bad news for NVIDIA. Stocks are down, and Democrats, now preparing to take back Congress, appear to be ramping up plans to investigate the company and any possible risks to US national security. But this is also bad for a range of other entities that have a stake in NVIDIA’s success.

Here are a few entities that stand to feel some of the blowback. 

The White House, fresh off a devastating loss in the midterm Congressional elections, stands to face questions about why it held off on taking action after it learned about Jensen Huang’s affair with an alleged spy. The Trump administration already had a poor reputation for security and intelligence practices, but seemingly sleeping on this knowledge is all but certain to raise the prospect of further probes. 

Trump officials, notably, have cleared deals allowing NVIDIA to sell advanced computer chips to the US government, and even leveraged its influence over the company’s chips in geopolitical negotiations.


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