Wall Street Loses a Powerful Dealmaker After Nvidia’s CEO Is Ousted

Jensen Huang’s abrupt departure as Nvidia chief executive has unsettled Wall Street, where his deal-making helped fuel the artificial intelligence expansion. His departure matters because banks, investors and technology companies are weighing whether Nvidia’s investment pace will slow without the leader who turned its financial and supply-chain strengths into large, complex deals.

Nvidia had backed companies including Anthropic and OpenAI, supported data-centre projects, and made major deals involving chip start-up Groq and Hugging Face. A proposed financing effort announced by six lenders with a half-trillion-dollar target is now uncertain: no loans have closed, and one lender was considering withdrawing. Nvidia’s cash reserves and control of chip supplies remain significant, but Huang had been central to mobilising investment.