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U.S. · TECHNOLOGY · NOV 12, 10:27 PM ET

Scandal-hit Nvidia CEO Jensen Huang quits, plunging AI chipmaking giant into turmoil

Reported by 27 outlets in the past day, including BBC, The New York Times, The Verge.

1What happened

Commerce Secretary Howard Lutnick is under fire by critics asking whether his ties to Chinese companies friendship with ex-Nvidia CEO Jensen Huang contributed to a lack of oversight over Nvidia AI chip sales. CBS News ↗

2Compared to what

America’s great building booms, compared

Canals1836–410.66%Railroads1870–902.24%Electrification1905–250.5%Highways1956–731.13%Telecom and fiber1996–20031.1%AI2025–323.63%*183618501900195020002032

At an estimated 3.6% of the economy a year, the AI build-out is larger than the railroad boom and more than three times the highway program. AI spending is an estimate. Source: Stijn Van Nieuwerburgh, as reported by The Wall Street Journal, Sept. 23, 2026

3Also reported

The president called the Nvidia chief on Tuesday, continuing a pattern of supporting him even as the spy scandal was intensifying. The New York Times ↗

Sources

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