Bessent Urges 'Dramatic Shakeup' at Nvidia, Outside CEO After Huang Exit
Treasury secretary questions whether the chipmaker pursued illicit AI chip sales and points to export-control scrutiny as the board searches for a permanent chief executive.
Treasury secretary questions whether the chipmaker pursued illicit AI chip sales and points to export-control scrutiny as the board searches for a permanent chief executive.
Treasury secretary says chipmaker's board must answer export-control questions within 10 days after Jensen Huang's resignation.
The San Francisco Declaration, part of the US-led Pax Silica effort, commits partners to shield critical technologies from Chinese influence.
Treasury secretary questions whether Nvidia chased illicit chip sales as he presses a widening feud with Commerce's Lutnick over alleged diversion to China.
Nvidia reports Tuesday without founder-CEO Jensen Huang for the first time, days before Anthropic's listing in what could be one of the largest IPOs ever.
The Claude maker plans to offer 825 million shares at $70 to $78 apiece, targeting a valuation of up to $1.405 trillion on the Nasdaq.
The AI lab plans to sell 825 million shares at $70 to $78, targeting a mid-November listing that would be one of the largest IPOs ever.
The AI lab plans to sell 825 million shares and list on the Nasdaq as 'ANT' in a debut that could value it at up to $1.405 trillion.
Nvidia's board launched an independent investigation into CEO Jensen Huang's relationship with a woman U.S. officials suspect of spying, as lawmakers push tighter China chip rules.
Bipartisan leaders back new limits on advanced chip sales to China, with three measures attached to the must-pass defense bill and a deal still unfinished.
The AI chipmaker's co-founder stepped down effective immediately, ending 33 years at the company as shares fell and a $1.7 trillion sell-off deepened.
The Singapore cloud firm says former executive Alice Huang left in August 2025 and has hired outside counsel to investigate media reports about its business.
A semiconductor selloff after Nvidia's leadership upheaval capped a mixed week, with investors bracing for Nvidia earnings and an Anthropic IPO.
The abrupt exit of the AI boom's central figure wiped roughly $490bn off Nvidia's value last week as investors brace for the chipmaker's earnings.
The Singapore cloud firm says former executive Alice Huang left in 2025, days after Nvidia CEO Jensen Huang resigned over affair reports.
The Federal Reserve's November Financial Stability Report says equity valuations are elevated partly on 'super intelligence' enthusiasm as computing-related borrowing tops $680 billion.