NVIDIA CEO's resignation sends shockwaves through AI economy

NVIDIA CEO Jensen Huang resigned Thursday after revelations of affairs with an alleged Chinese spy and company employees, triggering FBI and board investigations, a stock decline, and potential congressional scrutiny. The scandal has disrupted NVIDIA's leadership, with CFO Colette Kress named interim CEO and no clear succession plan in place. Major customers like OpenAI, Microsoft, and Meta face potential deal delays, while the Trump administration faces questions over its delayed response to initial security concerns. The fallout extends to US federal agencies using NVIDIA in classified systems, raising doubts about security clearance monitoring. The company's $4 trillion market value and central role in the AI economy mean pension funds and broader markets remain vulnerable to the leadership vacuum.