Jensen Huang, at the moment of downfall, is receiving a chorus of support among the tech elite. The showing underscores the seismic power shift within the industry, writes columnist @timkhiggins.

Jensen Huang’s resignation sent Nvidia shares tumbling, pushing the chipmaker’s market value below $4 trillion for the first time since 2025. But Huang himself is leaving only a fraction of his wealth on the table.

Jensen Huang’s $140 billion stake in Nvidia is largely held by trusts that are co-owned with his wife, Lori, creating added uncertainty for the shares and his financial future following his resignation from the company, according to attorneys and SEC filings. While owning company stock through a trust is common among tech founders and CEOs, it’s less typical for a founder to have equal ownership with a spouse, tax experts say. Read more:

JENSEN HUANG'S ALLEGED AFFAIR WAS INTRODUCED BY THE WOMAN'S HUSBAND Chinese businessman Kang Wei reportedly introduced Nvidia ($NVDA) co-founder Jensen Huang to his wife, Alice Huang, with whom the former CEO later had an affair. According to the report, Kang allegedly knew about the relationship for two years while the couple expanded Megaspeed, a Singapore-based Nvidia cloud partner suspected of diverting restricted AI chips to China. US officials suspect Alice Huang was recruited by Chinese intelligence, an allegation Beijing denies. Singapore says it found insufficient evidence to charge her over Megaspeed and did not investigate her for espionage. The revelations deepen scrutiny of Nvidia's China exposure and Huang's business relationships.

Jensen Huang will have no role at Nvidia going forward. Huang resigned as Nvidia’s president, CEO and board member, effective immediately, the company said Thursday, ending his 33-year run at the chipmaker he co-founded in 1993. The board thanked him for his “immeasurable contributions” but gave no reason for his departure.