Nvidia CEO Jensen Huang Resigns; SOX Falls 3.43%, 10-Year Treasury Yield Hits 5.154%

The leadership vacuum at Nvidia lands precisely when the chip complex is already fragile: the SOX's weekly gain despite Friday's slide shows how quickly sentiment can reverse, and a 5.154% 10-year yield tightens the discount rate on every high-multiple semiconductor name. The open question is whether the board investigation stays contained to governance or spills into customer and supplier confidence, since Nvidia's role as AI accelerator anchor means any disruption radiates across the sector. With an interim CFO at the helm, watch for disclosure cadence and whether the weekly losing streak extends.