Nvidia CEO's Scandal Signals End of Unchecked Corporate Power

Nvidia CEO Jensen Huang faces fallout after an alleged affair with an alleged Chinese spy, raising questions about his leadership and the era of unchecked CEOs. The scandal has tarnished his legacy and sparked investor fury as the stock dropped 4.3% yesterday. The board expressed confidence in Huang while launching an independent review, but critics say it failed to check him or plan for succession. Huang’s "founder mode" with 60 direct reports makes him hard to replace, and the affair reportedly involved a former journalist who bought millions in Nvidia chips. The incident could push Washington to regulate AI companies like defense contractors, with standardized security protocols. Huang’s dual Taiwan-U.S. citizenship adds complexity, and the board’s "idolatry" mirrors past corporate failures, signaling a potential end to unchecked CEO power.