Chinese billionaire refuses to invest in Nvidia 'without Jensen' after CEO resigns over affairs scandal

AI Market Summary
Nvidia CEO Jensen Huang resignation amid a personal scandal removes the company central figure and erodes the governance premium underpinning its valuation. A 6% share decline plus a major investor halting new commitments signals rising risk aversion toward the AI bellwether, with spillover likely across AI-linked equities and crypto AI tokens in the near term.
Impact level
● High
Affected assets
NCSKNVDA2USD/USDT-1.88%
AI Insight · NCSKNVDA2USD/USDTAI Insight
▼ Bearish
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Singapore-based billionaire David Sun previously invested about $1.3 billion. He has stopped investing after Jensen Huang resigned.