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A spy took out Nvidia’s CEO. Here’s how America still wins the AI race

THE BIGGEST THREAT IN AMERICA'S RACE WITH CHINA ISN'T BEIJING, TECH EXECUTIVE WARNS Let’s start with a few examples of how Nvidia uses its cash: a $3 billion purchase of Meta stock and a $105 billion guarantee for OpenAI’s leases for data centers in Ohio.

✦ Extractive summary — built from the sources' own reporting•From 1 source•1 min read•Updated November 13, 2026, 9:50 AM UTC
Key points
  • WINNING THE AI RACE MEANS BEATING CHINA ON INNOVATION, COST AND TRUST "Nvidia is investigating its own CEO.
  • Colette Kress is stepping up from her role as CFO to serve as Nvidia’s interim CEO, so she will have good visibility into these deals.
  • "If the United States doesn’t want to partake, participate in China, Huawei has got China covered, and Huawei has got everybody else covered," CEO Jensen Huang said in a June 2025 interview with CNBC.

With Nvidia CEO Jensen Huang’s resignation on Thursday, an accused Chinese spy has taken out the No.

As Google rolls out newer generations of its Tensor Processing Units (TPUs) to challenge Nvidia’s dominance, hyperscalers are actively working to reduce their reliance on Nvidia's hardware.

Additional details
  • Google is busy building the chips that could take its customers," wrote Jared Blikre at Yahoo Finance on Monday after Google released two new tensor processing units to do battle with Nvidia’s chips.
  • SOUND OFF ON JENSEN HUANG'S RESIGNATION FROM NVIDIA Here's what America must do to stop China’s assault.
  • Chinese President Xi Jinping knows that if he doesn’t stop the momentum soon, America’s lead in AI will forestall his country’s plans to take over and become a world hegemon.
  • One of the scariest aspects of the uncertainty at Nvidia centers on Huang’s financial support for many other customers and partner companies in the AI ecosystem.
  • Meanwhile, tech giants like Google, AWS, Meta and Microsoft are increasingly deploying their own "custom silicon" in-house and via cloud services, part of a custom AI chip market projected by some analysts to grow from $32 billion in 2026 to $132 billion by 2035.

How this summary was made: extractive summary — built from the sources' own reporting. It is drawn only from the reporting of the sources listed below — read the originals for full detail. How we summarize →

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