Nvidia shares plunge as CEO's future hangs in balance

Evan, let's start with Nvidia.

Shares in the company have crumbled around 10% in after hours trading in New York following reports in the New York Times that its CEO, Jensen Huang, also had a second affair with an employee.

The Wall Street Journal is reporting the board is now meeting to decide his future.

And this, of course, follows his initial admission of an affair with a woman who is reportedly a Chinese spy.

What does this all mean for the company? And is it an example of a company whose success hinges way too much on just one person?

Not just one person with regards to, you know, Nvidia, it's also the AI story.

I mean, again, this is the epitome of key person risk.

Jensen Huang, in terms of what he is, don't forget, he is just one of the most incredible innovators and visionaries in the tech space.

I mean, he's been doing Nvidia for over 30 plus years.

And it is his baby.

I think you also need to point that out very clearly, what he is and how he is.

But then the feed-in that the infrastructure NVIDIA plays in the AI revolution cannot be understated.

And the fact that the demand for the GPU chips that come from NVIDIA are the best that are out there.

They're only going one way, which is up.

The need for them is only going one way as well.

So the risk here is absolutely ginormous because, again, I don't want to compare him to him, but he has the same level of somebody like a Jeff Bezos or an Elon Musk or a Mark Zuckerberg.

But I actually would argue at a whole nother level now in terms of what he is, because he does have that visionary thing of, that you can't necessarily replace and that's why the risk to nvidia is so high and why the share price reaction after hours is what it is