Nvidia CEO scandal wipes out $400bn as tech titans' power draws scrutiny
Source The Guardian
At a glance
A personal scandal involving Nvidia CEO Jensen Huang knocked more than $400 billion off the company's value in two days. The columnist argues the episode shows how much power a few tech leaders hold.
Key points
Jensen Huang leads Nvidia, which makes the chips that power AI.
He is reported to have had an affair with a woman the US government suspects is a Chinese spy.
The scandal cut Nvidia's market value by more than $400 billion in two days.
Washington has banned Nvidia's top chips from China, but the columnist sees no real action being taken.
Why it matters
When one leader of a key AI chip company can shake markets and raise security concerns, the power of such figures in the AI industry deserves a closer look.
Original article
Billions lost and markets roiled by one man’s indiscretion. Isn’t it now clear that these tech bros are too powerful? | Aditya Chakrabortty
The Guardian · Nov 12, 2026, 8:17 PM GMT+9 · theguardian.com
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