Nvidia's French Investments Remain Secure Despite CEO Resignation, Says Station F Director

Following the resignation of Jensen Huang, Nvidia's investment commitments in France remain secure, according to Roxanne Varza, director of the Paris startup campus Station F. Varza stated that French founders feel reassured and see no signs of Nvidia retracting its recent commitments made during Huang's visit to Paris.

The commitments, announced on October 13, 2026, were part of a broader European initiative worth nearly $10 billion, targeting four French AI startups: Doctolib, Entalpic, Genesis AI, and Pigment. Despite Huang's departure amid scandals, Varza emphasized that the operational aspects of these investments are unaffected, although the reputational impact on Nvidia is notable.

Varza also highlighted a concern among founders regarding the risks of building companies around a single leader, a lesson underscored by Huang's exit. For Nvidia, the immediate challenge lies in maintaining investor confidence and ensuring that the planned investments proceed as scheduled.

As the search for a permanent CEO continues, Nvidia's stock has faced pressure, prompting HSBC to downgrade the company to a hold rating. The uncertainty surrounding leadership is affecting market confidence, particularly regarding interim CEO Colette Kress's potential as a permanent replacement.