Why Jensen Huang's Nvidia scandal has everyone quoting Warren Buffett and Charlie Munger

What happened: Jensen Huang stepped down as Nvidia's CEO on Thursday following fresh reports of alleged affairs, after admitting he was "unfaithful" to his wife and resigning amid claims of an affair with a subordinate. Key numbers: Berkshire Class B shares rose 13% in the past month to $590, close to a record high. Why it matters: X users responded to the departure by quoting Warren Buffett and Charlie Munger on reputation risk, while Berkshire stock rallied as investors soured on AI stocks like Nvidia amid concerns about overinvestment and fears of a regulatory crackdown. Coverage: 15+ outlets in 24h

Jensen Huang stepped down as Nvidia's CEO on Thursday following fresh reports of alleged affairs, after admitting he was "unfaithful" to his wife and resigning amid claims of an affair with a subordinate.

X users responded to the departure by quoting Warren Buffett and Charlie Munger on reputation risk, while Berkshire stock rallied as investors soured on AI stocks like Nvidia amid concerns about overinvestment and fears of a regulatory crackdown.