Nvidia faces uncertain future after Jensen Huang's resignation

Jensen Huang resigned from Nvidia hours ago, shocking Silicon Valley insiders at a San Francisco conference who see his departure as troubling for the business, though the full impact remains uncertain. His exit follows revelations of extramarital affairs, one reportedly involving a Chinese spy. Nvidia's board appointed CFO Colette Kress as interim CEO, but a permanent successor is unclear. Shares have dropped 13 percent since Monday and 26 percent over the past month, with investors already cautious before the scandal broke. Some attendees noted competitors may now target Nvidia's market share. Huang's exit also rattled the open software community, as he championed open models unlike rivals OpenAI and Anthropic. His departure creates uncertainty for that ecosystem, and his billion-dollar financing commitments, including a $100 billion OpenAI data center, may face greater scrutiny, though one investor doubted the broader tech boom would end.