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In social media posts and letters to Nvidia’s board, Mr. Huang’s billionaire peers described him as a singular leader who could not be replaced at Nvidia.

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As Jensen Huang abruptly departs, the tech community grapples with an eternal question: Why do the smartest and most successful men so often act so stupidly?

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The company described “encouraging” progress on efforts to overcome a second day of disruptions to its email, messaging and other services.

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Mr. Huang championed start-ups, with Nvidia holding $48 billion worth of stakes in 229 private companies, including OpenAI and Anthropic, at the end of July.

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The company’s financial picture may get murky as it deals with employee stock compensation and the growing costs of artificial intelligence.

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