STOCKS | Nvidia Put Era Ends as Jensen Huang Departs

Jensen Huang's departure marks the end of the so-called “Nvidia put” that supported the artificial intelligence ecosystem. According to Sina Finance, Huang resigned on Thursday, and Nvidia had guaranteed more than $100 billion in data center leases, held $51 billion in private-company equity and owned $63 billion in publicly traded stocks. The article says Nvidia's backing helped keep AI financing and fundraising markets running, despite criticism of circular financing, and helped support stocks and the value of U.S. 401(k) retirement accounts. It argues that Huang's successor will face greater challenges and tighter board scrutiny, and that the loss of a major buyer could raise the cost of debt and equity financing for AI infrastructure.