What Happens to the AI Boom Now That Nvidia CEO Jensen Huang Is Gone?

Now that Nvidia CEO Jensen Huang, the man whose chips powered the AI boom, has resigned, investors are left asking whether the boom can survive without him. Nvidia shares sank more than 10% on Thursday. Nvidia reports earnings in five days without him. The 10 biggest US companies make up 36% to 40% of the S&P 500, so an AI selloff reaches millions of American retirement funds. The cracks started before he quit. Nvidia entered a bear market, down 20% from its peak, on November 9. How Far Have the AI Boom’s Biggest Winners Fallen? Huang resigned from Nvidia Thursday after admitting an affair with a woman US officials suspect is a Chinese spy. His exit adds a risk of its own.

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