Sexo, espionaje, Poder: ruina

The collapse of Nvidia and the resignation of its founder and executive patriarch, the legendary and untouchable technology luminary Jensen Huang, are a double sign of attention. This is no fleeting episode, some might think, but a tale woven with sex and infidelity, espionage and empire, geopolitical polarity and geoeconomic pulse, advanced technology and steel investments, business and power.

It is a brutal cocktail of vices that charts the hidden depths of an era. As of October 6, with a market capitalization of 5.7 billion euros, Nvidia was the near-monopoly world leader in chips, essential for digital, telecom, mobile, and AI. Technologies that today form the cornerstone of the system. Perhaps it will recover, fluctuating minus values and sharp internal governance dramas and broken prestige.

Alongside Elon Musk's Space X, Nvidia was the vanguard of the key sector for the continuity of US economic expansion. Networked on a circular web of companies, investments and cross sales, it saved - with its investment demand and the subsequent hyper-ventilated capital mobilization - the financial dynamism, the capacity of placement of reckless savings and hidden debt in private credit or opaque investment circuits.

Built on fictions like the conquest of Mars or the cryopreservation of oligarchic meat for an uncertain resurrection, distances between reality and dream. The asymmetrical nightmare faced by today's techno-corporations: infinite capital need against eternal performance expectations that never arrive. And thus, the negative sign on many profit and loss accounts; and the distribution of non-existent profits on candid investors and Ponzi pyramids.

Classic, at the end. It was the sector that caused, and still causes, the escape of gray money from ten-year bonds, the major reserve asset; already stigmatized by the outflow of US public debt and deficit. And at the same time, compensating that escape maintaining the erect tent, in the expectation of prolonging a bonanza threatened by the volatility of the White House, now stripped by the Democratic victory on March 3, which questions the abusive deployment of data centers.

It was the novelty of the "military-industrial-technological-complex", the essence of the obscene power that took the dream away from a conservative and strategic president, General Eisenhower. It is now much more: military-industrial-technological-and-financial power. Absolute power, if the political arm that sustains it is added.

Huang is a friend and influential informal advisor to Donald Trump, especially on technology. He accompanied him on three key geo-economic trips to the Near East (May 2025), the United Kingdom (September), and the bilateral summit with China (past May). He secured export quotas of his chips to the Asian power, despite the protective ban.

And, ah, it falls into the accusation that his lover Alice exported additional semiconductor quantities clandestinely from Singapore to that power (for a sum of 7.5 billion); he knew. In times of brilliant innovation, the mess of skirts and spies is yet another classic.