Yorkville Ives: Nvidia target would be $225 without Jensen Huang

Putting a dollar figure on a CEO is unusual, and it cuts both ways: it frames Huang as a measurable component of Nvidia's valuation rather than an intangible, which invites the question of how such a premium would be repriced if succession ever came into focus. The estimate also implicitly argues that the market is paying for leadership as much as for chips and demand. Whether sell-side coverage starts quantifying key-person risk this explicitly across other AI names is the open question worth watching.