Jensen Huang's Exit Shakes Anthropic IPO and AI Chip Market

Nvidia CEO Jensen Huang resigned Thursday amid investigations into alleged extramarital affairs, creating uncertainty for Anthropic's planned $1.4 trillion IPO and the AI chip market. Anthropic had expected a $10 billion investment from Nvidia, which analysts say could face reassessment under interim CFO Colette Kress, though most expect the deal to proceed. Huang and Anthropic CEO Dario Amodei had clashed over US-China chip export policies and open-source models. Anthropic's diversified chip sourcing from Amazon, Google, Broadcom, and AMD may prove advantageous, and Nvidia's stock drop boosted competitors. Huang's exit could slow future Nvidia dealmaking, with its first earnings report without him due Tuesday.