Jensen Huang accounts for approximately 30% of NVIDIA's total value.

Well-known tech bull Dan Ives stated on Tuesday that if this AI chip giant loses Jensen Huang, its value could shrink by nearly a third.

Yorkville Ives Senior Managing Director Ives wrote in a report: "We believe that if Jensen Huang were to be replaced from his position as CEO, the value of NVIDIA as a company and its stock would be much lower (25%-30%). This would change the company's future direction and create a distinctly different competitive environment in the United States and globally, especially in the AI GPU sectors surrounding China."

Ives mentions "key personnel risk," which means that a large portion of NVIDIA's value is tied to Jensen Huang's fame and personal image. NVIDIA currently does not have any publicly known succession plans.

Ives indicates that "Jensen Huang is a core DNA of NVIDIA. NVIDIA's success and ambitions in the AI field are closely related to his continued tenure as CEO. Jensen Huang is irreplaceable. There is no one else in the management team who could seamlessly take over the role of CEO."

This dilemma also extends to a broader scope of the stock market and the economy. Before its recent decline in stock price, NVIDIA was once the company with the highest global market value and was also an important pillar driving the bull market, along with AI.

Under the impact of post-election selling and the scandal involving Jensen Huang's extramarital affair, the market value of this chip manufacturer fell below $5 trillion, and it was surpassed by Apple, losing its status as the world's most valuable company.

Public scandals involving emotional relationships sometimes do not end the tenure of CEO. It is worth noting that despite the exposure of Jeff Bezos' extramarital affair with Lauren Sanchez in 2019, he continued to serve as the CEO of Amazon CEO. However, former executives from Astronomer, Nestle, Kohl, Intel, and McDonald's resigned after similar incidents were made public. The case of Jensen Huang is different, as his relationship with a Chinese citizen may involve implications for national security.