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Jensen is Out. What Happens to Nvidia (and Your 401k) | Fortune DailyJensen Huang has resigned from Nvidia. He co-founded the company and ran it for more than 30 years, and he's been the face of the AI arms race. Fortune's Allie Garfinkle has spent the morning calling sources. She says this is "as big a story as I have ever seen," and structurally a bigger deal for the AI boom than if the Fed chair stepped down. Allie breaks down: • Whether Huang resigned or was pushed out, and whether a comeback is possible • Why Nvidia is called "AI's central bank," with ties to OpenAI, Anthropic, neoclouds and Wall Street • What the stock drop means for your 401(k), and why she's waiting a few days before checking hers • Interim CEO Colette Kress, next week's earnings call, and the succession buzz, from Lisa Su to Rene Haas • Why one investor thinks Anthropic comes out ahead before its IPO next week • What the shake-up could mean in the U.S.-China AI race PLUS: One star partner walked out the door. Less than two months later, Weil Gotshal, a 95-year-old law firm with more than $2 billion in revenue, is winding down. Fortune Leadership Editor, Ruth Umoh joins us to take a look at what its collapse means for any business built on a few big names. AND: The exits aren't only happening at the top. One in three workers want to quit their jobs, and Fortune's Kristin Stoller has the story. Subscribe to Fortune: https://fortune.com/subscribe/ Additional images courtesy of Getty Images
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