Ritual CEO sacrifice is looming over Jensen Huang - The Business Times

THE revelations keep coming, and they make it ever clearer that Nvidia had badly underestimated the key-man risk it was taking in the person of its hugely powerful and respected CEO Jensen Huang. It is possible, however, that the market is overstating quite how much peril is rolled up in him.

A bigger and more difficult question is whether Huang is also a key man for the entire artificial intelligence industry. So far, the bet seems to be that he is not. Shares in Nvidia and the main exchange-traded fund tracking the Nasdaq 100 have taken huge damage since the start of trading on Nov 6.

After the weekend’s extraordinary revelation of a relationship with an alleged Chinese spy (who has now reappeared in Beijing), the news that he also had an affair with Kimberly Powell, who heads Nvidia’s efforts to introduce AI to healthcare and reports directly to him, might well have been the final straw.

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