When Jensen Huang's resignation took effect on November 12, most of the market's attention turned to who would be Nvidia's next CEO. However, a better starting point for judging what Nvidia will look like a decade from now is to ask the reverse question: had Huang stayed on, what kind of company would Nvidia have become by 2035? The gap between that original blueprint and the new reality is the true cost of his departure.

South Korean AI chip developer DEEPX has completed the tape-out of its next-generation DX-M2 processor using Samsung Electronics' second-generation 2nm process, advancing plans to bring generative AI to robots and industrial equipment while reducing their reliance on cloud computing.

Cerebras Systems reported third-quarter 2026 results, delivering record core revenue of US$231 million, up 10% sequentially and 70% year-over-year, and positive core net income of US$30 million, its first positive non-GAAP net income as a public company.

Chinese AI companies reportedly are racing to sign overseas compute deals as they fear the political fallout of the Nvidia spy scandal could push US lawmakers to restrict their remote access to advanced chips. Congress could boost passage of such bills after mid-term elections revealed the US public's desire to rein in AI leaders and have possibly limited President Donald Trump's hold over Republican legislators.

Intel is courting South Korea's AI ecosystem on two fronts: a 23-company alliance built around Korean-made servers and an inference GPU that swaps costly high-bandwidth memory (HBM) for low-power DRAM. At the 2026 Intel AI Summit Seoul, held at COEX on November 12, the US chipmaker also offered its custom chip design and foundry services to a market crowded with neural processing unit (NPU) startups and home to two of the world's largest memory makers.

Megaspeed International said it is reviewing its graphics processing unit inventory and export-control practices as it seeks to demonstrate compliance with applicable US laws. The company's statement, issued November 12, 2026, signals scrutiny of technology shipments and regulatory obligations, with relevance for businesses and governments that operate across markets.

Nvidia CEO Jensen Huang has stepped down, while the US is preparing another round of tighter export controls on advanced AI chips. Industry sources expect Washington to extend its oversight beyond the physical movement of hardware to the use of computing power at overseas data centres. NVIDIA Announces CEO Transition+1

PsiQuantum and AMD are expanding their partnership to develop infrastructure for utility-scale, fault-tolerant quantum computers and hybrid systems combining quantum, high-performance, and AI computing. The agreement includes AMD processors, GPUs, software, and an equity investment, with potential applications in drug discovery and other industries worldwide as systems scale globally.

Special Melted Products, a UK subsidiary of Taiwan-based wire, cable, and stainless steel manufacturer Walsin Lihwa, is partnering with National Taiwan University (NTU) and the University of Sheffield to establish an advanced international research center. The initiative will combine Sheffield's traditional steelmaking base with strengths in heterogeneous integration and compound semiconductors, targeting the aerospace and defense industries as key commercial outlets.

Is Nvidia's moat still intact? A slide in Anthropic's IPO filing has quickly sparked industry debate after revealing that Anthropic's Claude Mythos Preview model spent only about three days exploring how to run inference for another AI model on Advanced Micro Devices (AMD) Instinct MI355X GPUs.

For generations, Sheffield's industrial identity has been forged in steel. Yet behind that familiar legacy, a less visible technological transformation has been unfolding for decades.

Inside a refurbished industrial building in Sheffield, a quantum computing laboratory is preparing for a future that could transform how the world develops medicines, advanced materials, and computing infrastructure.

A network of companies tied to Alice Huang, the alleged Chinese intelligence operative involved in a romantic relationship with former Nvidia CEO Jensen Huang, recently invested in Chinese AI powerhouse DeepSeek to help secure a steady supply of banned Nvidia Blackwell chips, according to reports and corporate records referenced by The Information.

Malaysia is reviewing possible breaches of AI chip export restrictions involving Speedmatrix, a local subsidiary of Singapore-based Megaspeed International, while preparing legislation to tighten oversight of data centers and prevent advanced Nvidia GPUs from being diverted to China.

Under mounting pressure, Nvidia founder Jensen Huang has resigned as president, CEO, and board member, effective immediately. Executive vice president and chief financial officer Colette Kress will serve as interim CEO, while the board launches an internal and external search for a successor.

Nvidia founder and former CEO Jensen Huang has agreed to appear before the US House of Representatives ahead of the holiday break, addressing export controls and related controversies. Several senior lawmakers had previously threatened to subpoena Huang over Nvidia's business strategy in China and related policy issues.

Cerebras Systems has become more of a cloud inference business than a hardware supplier. In the third quarter ended September 30, 2026, the company reported record GAAP revenue of US$210.8 million, up 55% from a year earlier. Cloud and other services now account for about two-thirds of the total. Reported profitability has not kept pace. Non-cash charges for customer warrants and employee stock compensation, which jumped after the company's listing, pulled GAAP gross margin down to 20% and left operating losses far wider than a year ago.

Singapore said it independently investigated Hong Kong resident Alice Huang and Singapore-registered Megaspeed International over suspected false declarations involving servers exported through Singapore, while stressing that companies must consider foreign export controls. The case highlights Singapore's position on cross-border trade, cooperation with overseas authorities, and enforcement against alleged dishonest practices.

A dispute between Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent over how hard to police Nvidia chip shipments to China has moved to the center of Washington's fallout from espionage allegations involving Nvidia's former CEO, with White House officials discussing whether Lutnick should be pushed out and lawmakers pressing his department to add Chinese firms that have been left alone to its Entity List.

The loophole that lets Chinese AI developers rent Nvidia chips in overseas data centers is becoming the main target of a tougher US export-control push. Democrats swept both chambers of Congress in the November 3 midterms, and the Commerce Department is moving to finalize its own remote-access rule. The stakes are large: remote access accounts for about half of the US-made AI compute that Washington could still cut off from China by the end of 2027, according to the Institute for Progress (IFP).

Nvidia's product pipeline is locked in for the next two years, analysts say, but Jensen Huang's resignation calls into question the annual upgrade cadence he personally drove and exposes how thin the company's formal leadership bench is beneath a CEO who ran it with dozens of direct reports and no second-in-command.

Jensen Huang's departure from Nvidia has given AMD, Broadcom, and in-house chip programs at the largest cloud providers their clearest opening in years, analysts say. They expect existing orders to hold, with any meaningful shift in market share more likely from 2027 onward.

Jensen Huang's resignation removes the executive who turned Nvidia's balance sheet into a funding source for the AI buildout, raising questions about whether the company will keep writing the guarantees, investments, and capacity deals that helped its customers buy its chips, even as financial experts say the commitments already made pose limited systemic risk.

By handing the top job to its chief financial officer rather than an engineer, Nvidia's board has signaled that its priority after Jensen Huang's abrupt exit is to steady investors, customers, and operations, while the bigger strategic call on who will set the company's technology direction has been deferred to a search that analysts expect to take months.

Jensen Huang's resignation is expected to have short-term effects on Taiwan's server suppliers, which are developing Nvidia's Vera Rubin and Feynman platforms. However, suppliers say the leadership change creates uncertainty over Nvidia's longer-term direction, including products after Feynman, and whether a successor will maintain ties with Taiwan's local supply chain.