Nvidia CEO Ouster Removes Wall Street’s Top Dealmaker

Jensen Huang’s abrupt ouster as Nvidia’s CEO has stripped Wall Street of its most powerful dealmaker, ending an era of unprecedented investment that fueled the global A.I. boom. Huang personally directed splashy deals and complex financing that pumped hundreds of billions into competitors, suppliers, and customers, generating billions in fees for banks and advisers while building Nvidia into the world’s largest company. Bankers and rivals now worry his departure will slow Nvidia’s breakneck spending, though its chip supply dominance and cash reserves remain intact, leaving the company’s future deal-making pace uncertain.