Jensen Huang Lost His Job. Wall Street Lost Its Biggest Prize.
Maureen Farrell and Rob Copeland report for The New York Times on Jensen Huang's abrupt ouster from Nvidia, which he built into the world's largest company and whose deals fed Wall Street billions in fees, and whose departure wiped more than $1.5 trillion off the stock. The article says bankers and traders are left wondering whether his breakneck pace of A.I. investment — the $105 billion Ohio data center backing for OpenAI, the chip-lending consortium with Goldman Sachs, deals with Groq, Hugging Face, and CoreWeave — will slow, though some say Nvidia's fundamentals, from its chip-supply dominance to Trump administration support, remain intact.
