Jensen Huang's Future Uncertain as Nvidia's Debt Default Insurance Costs Climb

Odaily: As Nvidia's board meets Thursday to decide the fate of CEO Jensen Huang, the company's debt default insurance costs have risen. According to ICE Data Services, the cost of Nvidia's five-year credit default swaps (CDS) rose as much as 3.25 basis points to 1.445% per year, approaching the intraday high set on November 3. Although this cost has more than tripled since mid-year, it remains only about half that of lower-rated hyperscale cloud computing companies SpaceX and Oracle.

According to a person familiar with the matter, after Jensen Huang was revealed to have had multiple extramarital affairs, Nvidia's board has been working with an external firm to identify potential CEO successors. The board is considering appointing an interim CEO while it searches for a permanent successor.