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Europe Today
'The market will look for alternatives,' for NVIDIA, says expert
Nvidia is at the centre of the global artificial intelligence revolution. But the American chip giant is now facing an extraordinary crisis, following the shock resignation of its CEO Jensen Huang amid allegations of an espionage scandal.
Markets
European shares fall as Nvidia CEO’s exit raises doubts over AI boom
Equity markets mostly fell on Friday, following losses on Wall Street as investors weighed what Jensen Huang’s resignation from Nvidia could mean for the AI industry. Oil prices rose after US President Donald Trump said Washington did not need a deal with Iran.
Economy
AI bubble and financial crisis fears in focus at Web Summit's last day
Jensen Huang's resignation as Nvidia CEO, the risk of an AI bubble and soaring US debt were in focus on a packed last day of the Web Summit in Lisbon, as speakers on a panel moderated by Euronews warned that public debt markets could trigger the next financial crisis.
Tech News
Nvidia without Huang puts the AI boom under microscope, say economists
Speaking at Web Summit Lisbon, one economist calls founder Jensen Huang’s exit “a critical mistake” and a “significant loss” for the industry, while another says large corporations are built to outlast the people who run them.
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World News
Trump says Nvidia CEO Huang knew nothing about alleged Chinese spy
US President Donald Trump says the FBI is looking into a matter involving Nvidia CEO Jensen Huang and alleged links to a Chinese government agent. Trump said he had spoken to Huang, who denied knowing the person was a spy, and expressed confidence in the tech executive.
Tech News
How could the Jensen Huang 'spy' scandal affect Nvidia's future?
Nvidia CEO Jensen Huang faces a board investigation over alleged Chinese intelligence links involving a business executive he had an affair with. The allegations raise concerns over security breaches and the future of the world's leading AI chipmaker.
Tech News
Trump calls Nvidia chief Jensen Huang an 'honorable guy' amid spy allegations
US President Donald Trump has defended Nvidia CEO Jensen Huang after reports that he had an intimate relationship with a businesswoman suspected of working for Chinese intelligence. Trump said Huang was an "honorable guy".
Nvidia is a US technology company that designs the graphics processors and AI chips powering most of the world's data centres, and is currently the world's most valuable listed company.