CONNECT WITH US
Tech

Tech

Nvidia has a Jensen Huang problem—and no obvious successor

Ars Technica - Tech logo

Published on

Add as a preferred source on Google
Nvidia has a Jensen Huang problem—and no obvious successor

The investigation of Jensen Huang by Nvidia’s board threatens the future of one of Silicon Valley’s longest-serving executives and a key enabler of the AI boom, who has no obvious successor as leader of the world’s second-most-valuable company.

Huang is fighting for survival after admitting to an extramarital affair, believed to be with an executive at a large Nvidia customer whom US officials also allege was working as a Chinese spy.

The prospect that Huang could be forced out as chief executive of the US chipmaker he co-founded more than 30 years ago has alarmed investors and allies in the tech industry. Shares in Nvidia, which late last month ceded its position as the world’s most valuable to Apple amid a broader sell-off in AI stocks, had fallen more than 5 percent by midday trading on Monday.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.