Nvidia faces $1tn risk if CEO Jensen Huang is ousted
Analysts warn that ousting Nvidia CEO Jensen Huang over a Chinese "honeypot" scandal could wipe $1tn off the company's value, with shares potentially crashing by up to one third if he resigns or is forced out. Huang, 63, is considered critical to Nvidia's success, having built it into an AI industry titan. He is under investigation after admitting to an affair with Alice Huang, an alleged Chinese spy. Analysts predict stock declines of 20-30% if he departs, with Nvidia's shares already falling over 11% since Monday. Nvidia denies national security risks and faces a shareholder lawsuit over allegedly misleading statements about the affair. The scandal adds to broader fears about the AI investment boom, as Nvidia's chips power major AI services and backstop tens of billions in investment.