Jensen Huang is Out at Nvidia & Bitcoin is Crashing?!

The conversation centers on Jensen Huang’s abrupt exit from Nvidia and what it means for the AI trade, the company, and the broader market. Jordi Visser says he was surprised the departure happened so quickly, but he does not think the core earnings picture changes immediately. He argues that Wall Street’s reaction was mostly a reset in sentiment and price targets, not a fundamental change in forecasts, and he expects Nvidia’s earnings and growth to keep reflecting strong demand for years even without Huang in the CEO seat.

Visser repeatedly frames the bigger issue as the market’s response to uncertainty rather than the personal scandal itself. He says the timing was bad because semiconductors and AI stocks had already gone through a major liquidation, but he still sees AI as inevitable. He compares Huang’s departure to Steve Jobs’ illness-era transition at Apple, arguing that a founder can leave and the company can still compound if the product cycle is intact.

On Bitcoin, Visser says the selloff to $69,000 is mainly a macro and liquidity story, tied to rising two-year yields, inflation worries, and hawkish Federal Reserve commentary. He also links crypto to the AI trade and to tokenization, arguing that Bitcoin will benefit over time as more assets and commerce move on chain, even if the near-term tape remains choppy.