NVIDIA CEO Jensen Huang has resigned after the company’s board met to discuss possible removal, and BMTV hosts Grace Remington and Sean Hagan walk through what that means for the AI buildout. The New York Times reported a second affair, this time with a senior executive reporting directly to him, after an earlier report of a relationship with an alleged Chinese spy. NVIDIA has lost roughly $1 trillion in market value since the first report, according to Axios, and House Republicans are threatening a subpoena over national security concerns. Sean argues the bigger issue is not key-man risk — he says plenty of people inside the company know how the sauce is made — but systematic circular financing, backstopped by chips that are devaluing over time.

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Chapters: Jensen Huang Resigns as NVIDIA CEO NVIDIA Is Backstopping $108.5 Billion Circular Financing Risk, Not Key Man Risk Growing Faster Than Their Balance Sheets The OpenAI Ohio Deal and SoftBank Investors Rioted at $250 Billion NVIDIA Sells the Chips and Buys Them Back The Renter of Last Resort Chips Age Faster Than the Books Say $279 Billion Promised to Suppliers The Bull Case on NVIDIA’s Guarantees They’re Engineering Buyers of Their Own Chips

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