The Bank Of Nvidia Just Lost Its Chairman: Mapping Every Circular AI Deal That Now Hangs On Colette Kress

For three years, the AI trade had a lender of last resort, and it sold GPUs.

That lender just lost its chairman. Hours after Nvidia announced that Jensen Huang has resigned, effective immediately, with CFO Colette Kress taking over as interim CEO (while keeping the CFO job), and while 14 sellside desks were busy cutting ratings and price targets, we asked the question that matters far more for the AI ecosystem than for Nvidia's own P/E:

Sell The Chips, Fund The Buyer, Backstop The Landlord