Jane Street, one of Wall Street’s leading quantitative trading firms, more than doubled its Nvidia holdings in the third quarter, according to regulatory filings released Thursday and reviewed by Fortune. The securities filings show the firm’s positions as of Sept. 30—just over six weeks before Jensen Huang resigned as Nvidia CEO following reports of extramarital
President Donald Trump said he talked to Jensen Huang on Wednesday, a day before the Nvidia CEO resigned. In an interview with Stephen A. Smith at the White House, Trump said Huang called him and talked about the impact the affair scandal has had on his family. “I spoke to him yesterday. He’s going through
Welcome to Eye on AI. Emily Forlini here, filling in for Beatrice Nolan. In today’s issue: Before we get to the news, can I just say, you are not going to want to miss this year’s edition of Fortune Brainstorm AI San Francisco. We have an exceptional line-up of speakers for you: OpenAI president Greg
Jensen Huang spent 33 years building a company that would become indispensable to the AI revolution. Now, it will have to learn to exist without him. The Taiwanese immigrant who once scrubbed toilets at a Kentucky reform school became one of Silicon Valley’s most powerful executives by turning gaming chips into the engine that fueled
A sudden change in how Nvidia reported some of its financial results last year is getting renewed attention, raising questions about its relationship with Megaspeed, a major Nvidia client at the time and now at the center of chip smuggling allegations. The financial change under scrutiny involves Nvidia’s accounting for revenue from Singapore, where Megaspeed
Defense Secretary Pete Hegseth awarded an Army soldier a medal on Thursday, one day after the soldier publicly reprimanded the Pentagon chief and his entourage for boisterous behavior near the Tomb of the Unknown Soldier at Arlington National Cemetery. Spc. Thomas Iglesias received the Joint Service Commendation Medal for his conduct during Wednesday’s Veterans Day