Serenity: Jensen Huang is nearly irreplaceable, and his replacement could deal a major blow to NVIDIA's long-term development.

Serenity wrote in a post that Jensen Huang is nearly irreplaceable for NVIDIA. This is comparable to the scenario where if Tesla lost Elon Musk, the company’s valuation and market confidence could collapse. Before the AI boom, Huang bet on CUDA and set out to build the Neocloud ecosystem; he locked in key supply chain capacity years in advance, and launched rack-level systems integrating components such as CPUs and network equipment. By investing in firms including Marvell (MRVL) and MediaTek, he turned the competitive threat from ASICs into new growth opportunities, competed with Broadcom (AVGO), while integrating these partners into NVIDIA’s NVLink ecosystem. These decisions demonstrate astonishing foresight. Huang almost single-handedly built the financial and industrial ecosystem surrounding the current AI investment boom. He grew NVIDIA from a startup to a giant with a market cap exceeding $5 trillion, and on this foundation, the company is still expected to achieve continuous growth, with an estimated future growth rate of 70% in fiscal 2028. It is also remarkable that it can sustain this growth expectation at such a massive scale. While we generally do not express negative views on companies, even if NVIDIA’s actual revenue or product roadmap does not undergo substantial changes in the next two years, simply replacing this representative figure of the AI investment wave and tech visionary could bring catastrophic impacts to NVIDIA’s long-term development.