AI Economy Roiled by Nvidia CEO Huang’s Departure
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Summary
The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF
Nvidia CEO Jensen Huang was ousted from his post after reports of two affairs, including one with a woman suspected of spying for China. Huang, one of the three engineers who founded the chipmaker in 1993, had been under intense pressure since Sunday, when he admitted to a romantic relationship with Alice Huang, a former executive at the Singapore-based data center firm Megaspeed International. The Nvidia turmoil rippled through the entire artificial intelligence sector on Thursday, dragging down shares of semiconductor companies.
On today’s episode:
- Emily Chang, Host & Executive Producer of Bloomberg’s ‘The Circuit’
- Ed Ludlow, Bloomberg Tech Co-Host
- Jay Goldberg, Senior Analyst, Semiconductors & Electronics at Seaport Research Partners
- Nina Trentmann, Bloomberg News Senior Editor & CFO Briefing Editor
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