- Jensen Huang resigned as Nvidia CEO after admitting to an affair with an alleged Chinese spy and a senior Nvidia executive.
Nvidia's bond spreads barely budged after CEO Jensen Huang resigned amid a scandal. The 2036 bond spread was 0.93 percentage point above Treasuries, nearly unchanged. The market sees no material default risk. Interim CEO Colette Kress takes over. The board is investigating potential China-related technology access. CDS spreads have been rising since late October on broader AI risk-off sentiment.
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