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Stock market collapse, revelations from the New York Times… The fall of Jensen Huang, the boss of Nvidia close to Donald Trump

It is the fall of one of the most powerful leaders in the world. In the United States, the boss of Nvidia ended up resigning. Already weakened by his affair with a Chinese businesswoman suspected of espionage, Jensen…

F
Franceinfo
Newswire · 1 h ago
◌ Single source2 min read
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Stock market collapse, revelations from the New York Times… The fall of Jensen Huang, the boss of Nvidia close to Donald Trump

This text corresponds to part of the transcription of the report above. Click on the video to watch it in full. The fallen king of artificial intelligence.

Charismatic boss of the electronic chip giant Nvidia, Jensen Huang was in turmoil after admitting an extramarital affair a few days ago. According to American intelligence, to whom he appears very close and whom he kisses in a video, he was in fact recruited by the Chinese services. In the hot seat, Jensen Huang was finally carried away by a second affair revealed by the New York Times: he allegedly had another relationship with one of his subordinates, Kimberly Powell.

The resignation of Jensen Huang shook Wall Street: the value of Nvidia, the second largest company on the stock market, has collapsed since this weekend. Some 500 billion euros vanished. An earthquake worthy of the role it played in a strategic company: “Eight out of ten graphics chips were designed by Nvidia.

It was a company which was extremely profitable, which still is, and whose general manager was extremely appreciated by investors and also by its employees", recalls Matéis Mouflet, market analyst at

The American president immediately spoke of his succession: "There is only one man to take his place - Tim Cook of Apple. A legend replaces a legend", wrote the head of state on the networks. For the White House, the destiny of Nvidia is essential, because the United States is waging a merciless fight against China in the field of artificial intelligence.

And in this battle, Nvidia chips are crucial.

Source · Franceinfo ↗

Machine-translated from French

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The reports
  1. Franceinfo
    12 Nov, 21:35
Trust score: 78/100
Publisher Franceinfo (established tier)+76
Detailed summary+2
Total78

Method: reports are grouped by the words of their headline and summary; each newsroom counts once; figures are read from the reports as published. Nothing here is written by an AI.