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Owned by GK Communications Pvt. Ltd.Jensen Huang, global salesman for artificial intelligence, resigns from Nvidia after affair
What's behind this
Nvidia shares fell 13% over five days as controversy surrounding CEO Jensen Huang intensified, prompting concern about the impact on equity mutual‑fund portfolios that hold the chip maker’s stock. While the Livemint report notes that several mutual‑fund schemes are exposed to the decline, it does not name the specific funds. The episode coincides with reports of a Chinese firm linked to former executive Alice Huang obtaining banned Nvidia chips, US export curbs threatening over $3 billion of Chinese AI projects that rely on Nvidia processors, and senior Democrats calling for congressional scrutiny of Nvidia and the Trump administration after Huang’s resignation.
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RSS excerpt
Hong Kong, Nov 12: Nvidia CEO Jensen Huang resigned Thursday, capping a spectacular downfall for a poster boy of the artificial intelligence boom whose exit following reports of extramarital affairs now thrusts the chipmaker into an uncertain future. After a dizzying series of headlines about…