Nvidia is in crisis - is the AI bubble next?

Is the AI bubble really about to burst? Shares in one of the world’s biggest AI chip makers - Nvidia - plummeted, after its boss Jensen Huang admitted having an affair with a woman suspected of being a Chinese spy. The Nvidia CEO has apologised for the affair with Alice Huang - no relation - and Beijing has strongly rejected claims of spying as “totally unfounded”, after US said the FBI was investigating. Alice Huang has not publicly commented. And, before all that, the midterm hammering of Donald Trump’s Republican party already had investors rattled. That dramatic sell-off wiped trillions of dollars off stock markets in the AI and tech sector. In this episode of the breakdown, we look at why one scandal, involving one man, has sent shockwaves through the entire AI industry, and whether this is just another wobble - or if it’s the moment that the bubble finally bursts. And we speak to Robin Wigglesworth, editor of the Financial Times’ Alphaville blog and author of A Fabulous Debt: The Epic Story of How Bonds Built the Modern World. #Nvidia #AIBubble #JensenHuang ------- Presenter: Andrew Misra Producer: Tyler Anderson Series Producer: Joseph Keith Motion graphics: Ian Watkins ------- 0:00 - Introduction 1.15 - Nvidia crisis explained 3:14 - Interview with Robin Wigglesworth 5:25 - The power of big companies 8:44 - Could a crash be positive? 12:27 - Is this a major moment? ------- Get more news at our site - https://www.channel4.com/news/ Subscribe to our Substack newsletter: https://channel4news.substack.com/subscribe Follow us: TikTok - https://www.tiktok.com/@c4news Instagram - https://www.instagram.com/channel4news/ Twitter - https://twitter.com/Channel4News Facebook - https://www.facebook.com/Channel4News/