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Inside Nvidia’s $600 billion crisis

Nvidia, the company at the centre of the global artificial intelligence boom, is facing a major leadership crisis. Its co-founder Jensen Huang has stepped down as CEO after 33 years, while allegations involving Chinese businesswoman Alice Huang and a Singapore-based cloud computing company have raised questions about corporate governance and access to advanced AI chips. The controversy has coincided with a sharp decline in Nvidia‘s market value. The company lost about $600 billion in market capitalisation over the week,while its shares fell more than 30% from their October record. Nvidia’s market value stood at around $4.01 trillion after its shares closed at $166.19 on November 12. Do you think that Huang still remains to be the best person to lead Nvidia ?

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