Finance content creator Sharan Hegde has listed who stands to gain and lose from Jensen Huang's exit from Nvidia.
In his post on X, he names Huang, Nvidia and China as the biggest losers, and Elon Musk, OpenAI and Anthropic as the biggest winners.
Huang resigned as chief executive after 33 years, and Chief Financial Officer Colette Kress was appointed interim CEO while the board considers internal and external candidates.
The exit came days after Huang admitted in a message to staff that he had been unfaithful to his wife. US intelligence officials reportedly believe the woman involved is a Chinese spy. Reuters later reported a third relationship, with another Nvidia employee. Nvidia shares fell more than 2% on Friday.
Who Are The Losers?
Hegde says Huang is the biggest loser, having lost control of the company he built. He claims a possible divorce could cost him over $70 billion. The post does not source the figure, and none of the reports reviewed mention divorce proceedings.
He says Nvidia loses its chief dealmaker, and that China loses one of its strongest advocates in Washington, since Huang had argued for easing curbs on advanced AI chip sales.
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Who Are Among The Winners?
Among the winners, Hegde lists Musk first. Musk said on Friday he was signing a petition to reinstate Huang, and earlier said hiring him would be an honour. Hegde also argues Nvidia gains.
He says Huang was spending billions financing AI firms that bought its chips, while Kress was pushing back on such deals. He notes that authorities have not established whether the woman was a spy, and asks whether the scandal doubled as an opportunity for a power shift.
Finally, he says OpenAI and Anthropic could face less competition, as Huang strongly backed open-weight models and Nvidia was building its own.
ALSO READ | Nvidia Eyes Arm CEO Rene Haas—A Seven-Year Nvidia Veteran—To Replace Jensen Huang
What's Next?
Board chair Harvey Jones said the board has full confidence in Kress and that operations and the product roadmap will continue without interruption.
Hundreds of Nvidia employees have signed an internal letter demanding that the board reinstate Huang. The company also faces a shareholder class action alleging that it and Huang inflated the share price by failing to disclose the affair. The search for a permanent CEO will decide how much of Hegde's list holds up.
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