Nvidia’s Dealmaking Binge Faces a Reckoning After Jensen Huang’s Exit

In the last three years, Nvidia has emerged as one of the most active backers of AI startups, small cloud providers and frontier AI labs—largely thanks to CEO Jensen Huang’s unrelenting focus on ensuring continued, strong demand for its specialized AI chips. With his sudden resignation late Wednesday, that source of cash now looks at risk. Venture capitalists, startup founders and semiconductor executives say they expect Nvidia to pull back on its frenetic dealmaking pace, which totaled...