Huang Renxun stepped down and caused a storm! US senator calls for investigation: Is Huida "too big to fail"?

U.S. Senator Reid stressed on the 12th that he hopes Congress will review whether artificial intelligence (AI) chip manufacturer Nvidia has reached the level of "too big to fail."

Reuters reported that Senator Reid from Rhode Island pointed out that Huida provides financial support to the entire AI industry ecosystem through complex financing transactions.

Reed said: "Huida provides financial backing for the AI ecosystem through complex financing transactions. We need to fully understand the transparent information of these transactions, assess whether the company is 'too big to fail,' and analyze the impact that related events may have on the U.S. banking system and credit markets."

News of former Huida CEO Jen-Hsun Huang's extramarital affair recently came to light, plunging the chip maker into crisis and Huang subsequently announced his resignation. Affected by this personnel change, global AI concept stocks generally fell on the 12th.

Reed further said: "Millions of Americans also have financial interests in Huida through retirement accounts and retirement funds."