Nvidia leadership crisis threatens global AI investment

Nvidia's board met Wednesday to decide CEO Jensen Huang's future amid reports of alleged personal controversies, triggering an 8% after-hours share drop and investor fears about the company's financial backing of the global AI boom. The uncertainty has raised concerns about AI infrastructure funding and market stability. The sell-off extended to key customers like CoreWeave and Naver, while rivals Broadcom, AMD, and Chinese GPU makers gained. Nvidia has invested billions in customers through equity stakes and partnerships, with $164.5 billion in disclosed financial commitments, including a $105 billion obligation linked to an OpenAI data-centre project. Huang co-founded Nvidia over three decades ago, building it into a $4 trillion AI chip leader, and no successor has been publicly identified. Analysts point to Ian Buck and CFO Colette Kress as potential internal candidates, though investors await Nvidia's earnings next week to assess strategic direction.