Silicon Valley still stands behind Jensen Huang

After reports emerged that Jensen Huang had an extramarital affair with Alice Huang, who is alleged to be an intelligence officer for China's Ministry of State Security, and further reports that he was close to two Nvidia employees, he resigned, yet Silicon Valley still largely stands behind him. Authorities and Nvidia's board have not formally accused him of wrongdoing, and China denies the espionage allegations. Two current and three former employees told WIRED that few at the roughly 60,000-person company had thought he would actually leave, and that the resignation news shocked people inside and outside the company; venture capitalists including Antonio Gracias and Sarah Guo publicly voiced support on X. One anonymous founder said Nvidia's recent investments in AI startups and acquisitions such as Hugging Face have supported chip demand, and that replacing him with a professional manager would substantially increase systemic risk; Silicon Valley's biggest worry remains that turmoil at Nvidia could burst the AI bubble, but analysts are not certain. Nvidia's board says it does not believe Jensen Huang leaked confidential information but has hired the law firm Wachtell Lipton to investigate; Trump said the FBI is investigating.