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“Huang’s exit creates a leadership vacuum at the $4 trillion chipmaker he co-founded in 1993 and has led ever since, which is the driving force behind the global AI boom and at the heart of the big tech arms race between the U.S. and China.”

“Senate candidate, as he failed to gain traction against Democratic nominee Roy Cooper.”

“To add salt to the wound, Democrat Gina Hinojosa also won the gubernatorial race.”

“Networks including CNN and Fox News projected Democratic control of Congress even as millions of votes remain uncounted and dozens of races were unresolved.”

“Huang himself has become a key face in the AI race, both across the industry and often on U.S.”

“Huang’s potential exit would create a leadership vacuum at the $4 trillion chipmaker, which has found itself at the heart of the big tech arms race between the U.S. and China.”

“Democrats won key Senate races in reliably Republican states, including Texas, Iowa and Kansas.”

“With votes still being counted in the Alaska and Mississippi Senate races and beyond, Democrats currently hold a 54 to 44 majority in the Senate and are projected to win 253 seats in the House to the GOP’s 157.”

“Several Democrats were projected to win House races, including Luz Rivas in California, Sam Forstag in Montana and Shannon Taylor in Virginia.”

“The victory makes the 60-year-old physician the first woman elected governor of Ohio, ending 16 years of Republican leadership in the state.”