Nvidia's future after CEO Jensen Huang's resignation

Jensen Huang resigned as CEO of Nvidia on Thursday following reports of an affair with a suspected Chinese intelligence asset, sending shares down as much as 14% and shaking the AI industry. CFO Colette Kress was named interim CEO. Huang's departure follows a U.S. intelligence assessment that he was involved with Alice Huang, a former executive at Singapore-based Megaspeed, which bought billions in Nvidia chips. He acknowledged being "unfaithful" to his wife, and a second alleged affair with an Nvidia executive was later reported. Nvidia, valued at over $5.7 trillion, has invested nearly $50 billion in AI labs and pledged $170 billion in financing commitments, raising concerns about a "circular" financial web. The company faces threats from customers building rival chips, potential new export controls, and political backlash against data centers.