A $5.7 Trillion Face-Plant
Just last month, Nvidia’s valuation hit a sky-high $5.7 trillion—rivaled only by its own previous peak, from May.
Key points
- In addition to delivering the best chips in the business—there’s no ChatGPT or Claude without them—the company’s huge profits fuel an industry flywheel: The firm has guaranteed tens of billions of dollars to fledgling AI firms and data centers that, in turn, buy or rent Nvidia chips.
- “You want to refine the character of your company,” Huang said at a Stanford summit in 2024, and “greatness comes from character.” His strongest character trait seemed to be his unshakable confidence: “You’re not talking to somebody who woke up a loser.
- Lori Huang, his wife of 40-plus years, was also part of his narrative: “To build a company, you need somebody strong and you need somebody amazing like my wife,” Jensen said on a podcast earlier this year.
ET on November 12, 2026 Most of the major executives in the AI boom have weathered vicious attacks and major controversies in recent years, but one has stood out as bulletproof: Jensen Huang, the CEO of the global microprocessor giant Nvidia.
Additional details
- That changed yesterday when, following revelations that Huang had at least two extramarital affairs, reports emerged that the company’s board was meeting to decide whether to remove him.
- When Silicon Valley seemed to lose its wits over AI models running rampant this past summer, Huang appeared nonplussed and offered to “send engineers in” to fix the problem.
- On Sunday, he admitted to being romantically involved with Alice Huang, a Chinese businesswoman who, until recently, headed up Megaspeed, a Singaporean data-center company.
- [ Read: Jensen Huang is too big to fail ] Then came news of Huang’s infidelity—including a liaison with an alleged Chinese spy—which ultimately led to Huang’s ouster.
- That loser attitude, that loser premise makes no sense to me,” he rebutted earlier this year, when asked about the threat of Chinese chipmakers catching up to Nvidia.
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