If the AI boom takes a massive nosedive because someone couldn't keep their dick in their pants, then there was no substance behind the boom. There might be some speculative volatility as a result of this sideshow, but if this is the pin that pops the bubble, then it was still a bubble.

AI will be fine.

Nvidia supplies the top end hardware for training the best models. If Nvidia falls on hard time, it would affect training.