{
  "id": 19741175,
  "title": "Sources: Nvidia faced pressure to boost its 25% residual value support backstop on a planned $500B AI financing vehicle with asset managers before Huang's exit (Bloomberg)",
  "url": "https://urgent.news/2026/11/13/sources-nvidia-faced-pressure-to-boost-its-25-residual-value-support",
  "topic": "ai",
  "section": "AI",
  "published": "2026-11-13T02:11:02.000Z",
  "source": {
    "name": "Techmeme",
    "slug": "techmeme",
    "url": "https://www.bloomberg.com/news/articles/2026-11-12/nvidia-faced-pressure-to-boost-its-ai-backstop-before-huang-exit"
  },
  "original_language": "en",
  "account": null,
  "summary": "Nvidia faced pressure to increase its 25% residual value support backstop for a planned $500 billion AI financing vehicle with asset managers prior to the exit of longtime chief executive Jensen Huang, according to Bloomberg. Following Huang's resignation on Thursday, CFO Colette Kress has taken over as interim CEO while the company searches for a permanent successor.\n\nThe leadership change occurred after the board met to decide Huang's fate following reports of two extramarital affairs. Free Malaysia Today reports that traders initially reacted by punishing Nvidia shares and those of customers CoreWeave and Naver, while boosting rivals Broadcom and AMD. Shares of Chinese GPU makers Moore Threads, MetaX, and Cambricon also jumped nearly 10%.\n\nNew Straits Times notes that Nvidia shares have dropped more than 12 per cent this week and are trading at 12 times expected earnings, their lowest valuation since 2012. While the stock fell more than 5.0 per cent on Thursday, the Financial Times reported that shares largely recovered by the market close as shareholders bought the dip.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 8,
    "also_reported_by": [
      {
        "outlet": "The Indian Express",
        "title": "Jensen Huang resigns: Why his exit from Nvidia will be a test for the AI boom",
        "url": "https://urgent.news/2026/11/12/jensen-huang-resigns-why-his-exit-from-nvidia-will-be-a-test-for-the",
        "published": "2026-11-12T14:19:07.000Z"
      },
      {
        "outlet": "TechCabal",
        "title": "Jensen Huang’s exit puts Nvidia’s African AI bet to the test",
        "url": "https://urgent.news/2026/11/12/jensen-huangs-exit-puts-nvidias-african-ai-bet-to-the-test",
        "published": "2026-11-12T16:04:29.000Z"
      },
      {
        "outlet": "Fortune",
        "title": "Jensen Huang built Nvidia into a $4 trillion AI giant but owned less than 4% of it, leaving him without the super-voting power to protect his CEO role",
        "url": "https://urgent.news/2026/11/12/jensen-huang-built-nvidia-into-a-4-trillion-ai-giant-but-owned-less",
        "published": "2026-11-12T18:28:04.000Z"
      },
      {
        "outlet": "CNA - Business",
        "title": "Jensen Huang steps down: the hands-on kingmaker behind the AI boom",
        "url": "https://urgent.news/2026/11/12/jensen-huang-steps-down-the-hands-on-kingmaker-behind-the-ai-boom",
        "published": "2026-11-12T20:22:33.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Nvidia PE falls to 14-year low, but CEO exit and AI worries cloud the bargain",
        "url": "https://urgent.news/2026/11/13/nvidia-pe-falls-to-14-year-low-but-ceo-exit-and-ai-worries-cloud-the",
        "published": "2026-11-13T00:52:09.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Nvidia PE falls to 14-year low, but CEO exit and AI worries cloud the bargain",
        "url": "https://urgent.news/2026/11/13/nvidia-pe-falls-to-14-year-low-but-ceo-exit-and-ai-worries-cloud-the-19743101",
        "published": "2026-11-13T01:43:45.000Z"
      },
      {
        "outlet": "Hindu BusinessLine",
        "title": "Nvidia PE falls to 14-year low, but CEO exit and AI worries cloud the bargain",
        "url": "https://urgent.news/2026/11/13/nvidia-pe-falls-to-14-year-low-but-ceo-exit-and-ai-worries-cloud-the-19755267",
        "published": "2026-11-13T03:59:13.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}