461 points lldb 37 minutes ago 332 comments
rvz 35 minutes ago | parent
Jensen Huang gone as President, CEO, and a member of the Board of Nvidia, effective immediately.
The Nvidia coup operation has been completed. It is over.
rayiner 32 minutes ago | parent
ferguess_k 30 minutes ago | parent
rvz 25 minutes ago | parent
The AI labs do not want any of that and there is one that certainly has never released an open weight model.
You can take a good guess on the sort of people that are also associated with that AI lab.
ferguess_k 24 minutes ago | parent
cannonpalms 30 minutes ago | parent
Implicated 32 minutes ago | parent
hexad74 32 minutes ago | parent
ibaikov 32 minutes ago | parent
knorker 30 minutes ago | parent
welferkj 22 minutes ago | parent
officeplant 30 minutes ago | parent
shakow 21 minutes ago | parent
ibaikov 10 minutes ago | parent
Google execs had affairs, I think Sergey Brin had an affair with an employee, again nothing happened.
vrganj 30 minutes ago | parent
Now, post-midterm, Trump's political power has waned considerably, so the knives came out.
jairuhme 29 minutes ago | parent
ibaikov 17 minutes ago | parent
jmkni 27 minutes ago | parent
This is clearly retaliation for not falling into line
macinjosh 20 minutes ago | parent
These things can be handled in many different ways. In this case they are being used to achieve the goal of replacing Jensen because he wouldn't play their doom games.
ibaikov 15 minutes ago | parent
staminade 27 minutes ago | parent
CodingJeebus 26 minutes ago | parent
swolios 19 minutes ago | parent
OuterVale 18 minutes ago | parent
I don't know why I feel this way. Something just feels off and I can't place it.
ibaikov 12 minutes ago | parent
proc0 31 minutes ago | parent
sixo 31 minutes ago | parent
dralley 30 minutes ago | parent
But I imagine the billions of dollars in illicit sales is considered a bigger issue.
stann 29 minutes ago | parent
HatchedLake721 29 minutes ago | parent
piva00 29 minutes ago | parent
The cheating is just a bit of humiliation, the damning part is the knowingly circumvention of export controls.
proc0 27 minutes ago | parent
qsymmachus 28 minutes ago | parent
conartist6 27 minutes ago | parent
The news made it sound like she was a sophisticated person using him as a simpleton, but if anything he was using her to move his products against sanctions.
233mhz 27 minutes ago | parent
And a lot of other shady things around nvidia, half of it we probably will never know about. https://www.youtube.com/watch?v=1H3xQaf7BFI
https://www.businessinsider.com/trump-administration-jail-le...
jagermo 27 minutes ago | parent
reedf1 26 minutes ago | parent
knorker 26 minutes ago | parent
And that was only with a subordinate, not a subordinate AND with a foreign spy (alleged). Reports say China got billions in chips imported thanks to this operation.
Politicians also drop like flies. The only person impervious to consequences has been Trump. None of his supporters care that he's the devil.
epolanski 30 minutes ago | parent
The point is that as CEO of a company you have a fiduciary duty to have the best interest of a company in your actions and behavior.
Having sex with your workers and chinese spies is obviously not the kind of behavior that reflects that.
And if companies did not fire their CEOs over such blatant missteps the wrong message would be sent to the whole corporate America.
It sucks because obviously Nvidia would be nowhere without Jensen, and it's not like he killed someone or committed fraud, but the mistakes have been huge none the less.
And don't forget that those are the two cases we know about, but when you see 2 ants in your kitchen there's always more.
And the internal investigation of Nvidia quickly assessed that the issue was bigger and Jensen was more of a liability than an asset.
officeplant 28 minutes ago | parent
We're just gonna keep shoving the illegal GPU trade with China under the rug I guess.
epolanski 9 minutes ago | parent
But yes, the fact that Nvidia advocated for relaxing exports to China and that he sold billions of GPUs to shady Singaporean companies is now obviously under major scrutiny.
kilroy123 26 minutes ago | parent
twodave 26 minutes ago | parent
vinyl7 25 minutes ago | parent
The jury is still out on this, re the circular financing mess with AI
origini 17 minutes ago | parent
We don't know his relationship with his wife, what their stands on cheating even stands.
You can argue its an image issue, but thats a problem of the press and marketing and not that he might have cheated.
His wife is an adult and is for sure not poor, so its not a situation were she has to stay with him.
I do believe it either has to do with the whole spy story or he did something he really shouldn't have.
epolanski 10 minutes ago | parent
I said that the missteps was having sex with subordinates and chinese spies.
Now start connecting the dots with Nvidia being one of the major advocates for relaxing exports to China and selling billions of GPUs to shady Singaporean companies that the chinese spy represented and you understand why the board finds him a liability.
coldtea 8 minutes ago | parent
KaiserPro 10 minutes ago | parent
ungovernableCat 17 minutes ago | parent
I think both nvidia AND jensen will be doing quite fine 5 years from now.
usrme 30 minutes ago | parent
kphorn 27 minutes ago | parent
skywal_l 30 minutes ago | parent
sevenzero 29 minutes ago | parent
manojlds 28 minutes ago | parent
dreadsword 27 minutes ago | parent
And: the public only knows what's made it out. Who knows what else has come out in private.
ferguess_k 26 minutes ago | parent
fuussssip 23 minutes ago | parent
4ndrewl 22 minutes ago | parent
ferguess_k 11 minutes ago | parent
Officials are corrupted? CEOs sleeping with other women including his subordinates? Snow is white? What's the deal? People at that level are basically playing politics, not laws.
However, the fact that someone decided to release all those information as PUBLIC, and followed that up with ANOTHER scandal, means that they are determined to get rid of them. As you said, it is indeed serious matter.
As the Chineses say: "Something weights as light as a quarter of pound if it's left alone, but can weight a thousand tons if put on the scale".
twodave 19 minutes ago | parent
baggy_trough 25 minutes ago | parent
jetrink 20 minutes ago | parent
ZeroGravitas 19 minutes ago | parent
Otherwise you end up thinking "should I start an affair with this Chinese spy I've been breaking US laws with? What are they going to do, fire me? They can't, I've got them trapped so I'm untouchable, I can do whatever I want. And if I'm in a helicopter crash then it sucks to be them, I'll not care when I'm dead".
tartuffe78 29 minutes ago | parent
Conspiracy reaction: Something is going on here... obviously not due to sleeping with a spy...
ksec 29 minutes ago | parent
Waiting to see how market reacts, I am selling my shares.
Dear Jensen, time to start another company.
liuliu 29 minutes ago | parent
No, the alternative is not to “not having affairs”. Remember, we don’t need evidence to spin a narrative.
hackyhacky 13 minutes ago | parent
Except that we have evidence in this case: he literally admitted to the affair. I don't see any "spin."
duplessitous 29 minutes ago | parent
From all the reporting I've read, it is hard for me to avoid the conclusion that NVIDIA sold to China despite the export ban. I'd love to be wrong
lesuorac 24 minutes ago | parent
So it’s no longer about national security. What changed now compared to 2 years ago to make Trump care? Did Jenson reduce SpaceX’s allocation?
nemomarx 21 minutes ago | parent
CodingJeebus 19 minutes ago | parent
We all now know that Trump knew about it, that's what has changed. It was fine when this was private, but now his administration is starting to get questions around why his Commerce department punted the initial investigation to DOJ where it ultimately died as the opposition party is about to retake Congress with investigations top of mind.
jsw97 17 minutes ago | parent
Likely there was at least a feeling of mutual understanding between Jensen and key people in the administration. Now the wind has turned in a big way and none of that is on paper. And in fact what is on paper points in the wrong direction.
Probably the only thing protecting NVDA from prosecution right now is that nobody in the White House wants to pop the AI bubble. That might protect Jensen too because he would entangle the company. There will be an interesting tension with congressional oversight. Buy popcorn and NVDA vol.
cogman10 17 minutes ago | parent
It's hard to believe the US government was so incompetent that they didn't do the investigation a YouTuber did (But not impossible).
The export ban was always BS. Unless you are going to do a total ban and all parts are manufactured in the US, then it is just 1 additional hop to get stuff into China.
lenerdenator 24 minutes ago | parent
Part of me is hopeful after this. Huang did something that was, at the very least, profoundly stupid, and just short of treason at worst. However, I'm also filled with dread, because I know that this means that there will be even more of an effort by founders to make sure they're immune from consequences from boards if they go public. You already see this at Meta and with Zuckerberg.
We need real reforms on corporate governance that make this sort of situation - a board able to control the C-suite - the norm, not the exception.
gib444 13 minutes ago | parent
That's literally how the world works? And has worked for many centuries or longer. By "value" you mean wealth, and wealthy people can get away with murder. They buy and write the law and have the best lawyers in the world.
We won't have billionaires/trillionaires/kings AND rule of law for /everyone/ equally - the world doesn't work that way.
mlcrypto 24 minutes ago | parent
netrap 23 minutes ago | parent
hypfer 20 minutes ago | parent
It is true for anything with a board, of course. But there is no rule mandating boards.
bpicolo 18 minutes ago | parent
hypfer 16 minutes ago | parent
> If you publicly humiliate your family and the business, you're out
There is no "* only applies to publicly traded companies". Hence, it is incorrect.
The bigger point I am trying to make here being that not everything is investor-driven. People can run businesses without that. It annoys me greatly that HN regularly forgets that.
swiftcoder 6 minutes ago | parent
miki123211 4 minutes ago | parent
In theory, Nvidia shareholders, if dissatisfied with today's decision, could vote to oust the current board and replace it with people more sympathetic to Huang, who would, as their first decision, re-hire him as CEO, as would be their prerogative. This is... unlikely to happen.
None of the above is investment advice.
antonvs 5 minutes ago | parent
tyingq 17 minutes ago | parent
There are many examples where the outed affair resulted in nothing material when neither of the above was true.
This case, seems to touch both.
johnnyApplePRNG 16 minutes ago | parent
Marriages of 41+ years can get into literally any kind of dynamic.
noboostforyou 13 minutes ago | parent
His open letter about his infidelity seems to imply he has embarrassed his wife and family, have you read it?
esseph 9 minutes ago | parent
Yeri 8 minutes ago | parent
It's clearly the CN link and/or the cosying up with a customer that is the problem; the board would not care about his private life (and neither should the public, tbh).
And the open letter sounds more like it was written the way the public would expect a CEO to write.
estearum 4 minutes ago | parent
estearum 4 minutes ago | parent
landl0rd 16 minutes ago | parent
gwbas1c 1 minute ago | parent
That's a very narrow view that's a function of one's religion, culture, and values.
When I was in school, (US) my very Catholic French teacher explained that his uncle, in France, had a mistress. His uncle's wife knew and was okay with it. What my teacher was explaining is that the culture around marriage varies considerably through the world, and you can't take for granted that what we were taught (monogamy) is the standard that others live to.
neom 16 minutes ago | parent
estearum 5 minutes ago | parent
Look at the NVDA stock chart. There you go! That's why affairs are relevant to business! Business is always about trust, and someone who isn't deserving of their own spouse's trust certainly isn't deserving of anyone else's.
siva7 13 minutes ago | parent
another_twist 12 minutes ago | parent
miohtama 11 minutes ago | parent
JeremyNT 9 minutes ago | parent
"It's not the crime, it's the coverup."
red-iron-pine 8 minutes ago | parent
he was fucking a spy
he was fucking one of his direct reports
what are two things you shouldn't ever do as a CEO of the biggest company in the world?
this wasn't Cindy the random waitress from the Palo Alto Ruth Chris', these were literally two people he should never be fucking
he put the company at risk of national security issues and HR lawsuits for what is otherwise painfully mid-tier pussy. he's gotta go.
chaorace 7 minutes ago | parent
This is how things change. Slowly and then all at once. If the board were more in love with him, they'd probably have been willing to turn a blind eye for just a little while longer. No such luck for Jensen, but we make our own luck in these things.
throw310822 2 minutes ago | parent
I can hardly imagine anything more stupid than judging the aptitude of the CEO of a 5T$ business based on his private love life.
notenchange 22 minutes ago | parent
Having these people saying otherwise is pure hypocrisy.
shimman 3 minutes ago | parent
Topfi 22 minutes ago | parent
Very much dislike that this in large part is overshadowed by his adultery, which should be considered separate and treated totally private, at least for the sake of his family.
aaa_aaa 22 minutes ago | parent
kphorn 21 minutes ago | parent
verramilli 16 minutes ago | parent
softwaredoug 14 minutes ago | parent
theturtletalks 12 minutes ago | parent
Even if this is just a coincidence, Jensen himself came out and said he donated to the ballroom, but kept the amount hidden. In internal documents, Jensen and Nvidia said to keep the amount hidden and it only came out due to disclosure documents from the government.
spuz 11 minutes ago | parent
https://www.axios.com/2026/11/11/trump-lutnick-nvidia-china-...
https://www.businessinsider.com/trump-administration-jail-le...
echelon 21 minutes ago | parent
I think it was the affair with the direct report that did him in.
That's a bigger no-no than selling to spies, especially when the administration knew about it and did nothing.
kaibee 21 minutes ago | parent
I thought this was like, basically an open secret? Like... I'm sure they stayed within the technical letter of the law? Except if any of the laws required them to not be grossly negligent and not be cartoonishly naive. So that they can later argue that they couldn't possibly have known that chips going to South East Asia were being resold to China?
shin_lao 21 minutes ago | parent
This is obviously something that has been postponed for after the midterms.
karimf 21 minutes ago | parent
I think NVIDIA lose more things by firing Jensen.
CyanLite2 15 minutes ago | parent
He put US national security at risk just because between his wife and his other mistress, he couldn't keep it in his pants.
There are some things more important than stock valuation.
Ntrails 9 minutes ago | parent
It is far far worse than that - he lied to shareholders.
rileymat2 6 minutes ago | parent
ActionHank 21 minutes ago | parent
CEO is supposed to be a high integrity position despite most tech CEOs trying to pretend that is not the case. If this person cannot be loyal to those closest to him, how can he be loyal to the company or shareholders?
Matl 20 minutes ago | parent
While Jensen seems like an egomaniac who deserves what happened to him, there's a part of me that feels some China hawks had fingers in his firing, it must not sit well with them than America's most valuable company is not in the hands of the old guard.
KingMob 13 minutes ago | parent
ACCount39 20 minutes ago | parent
Now that the possibility of him being compromised by an actual Chinese spy AND the possibility of Nvidia actually sanction-busting to ship to China regardless are on the table? Both at the same time, no less?
Yeah, that kind of liability is bonkers. Jensen might be too vital to load him into a cannon and fire him into the sun, but I'm not at all surprised that Nvidia wants him gone from the big post.
bluepeter 20 minutes ago | parent
michelvocks 19 minutes ago | parent
baalimago 19 minutes ago | parent
According to who?
duplessitous 15 minutes ago | parent
jmyeet 12 minutes ago | parent
I believe it was the affair with the married subordinate that was the real problem. There's a huge amount of legal exposure for NVidia with that. With the Chinese spy he can portray himself as the victim. As I've said elsewhere, with billionaire corporate security and the support of the US government, It's astounding to me that this happened at all.
Also I'm reminded of this quote [1]:
> If you find two ants in your kitchen, the best estimate of the total number of ants in your kitchen is not two
LastTrain 11 minutes ago | parent
ChrisRR 11 minutes ago | parent
fsnovask 11 minutes ago | parent
But yeah, the affairs are probably just a last straw.
coldtea 10 minutes ago | parent
That's not the reason either.
They never did it in a way that's not technically legal.
And the administration allowed the exports later anyway.
They're likely worried about the optics of it, and what a Democrat administration, or increased power, would do to Nvidia stocks with such scandal as leverage.
jMyles 9 minutes ago | parent
...maybe. Or maybe not. Consistency in application of the law is not exactly at an all-time high right now.
zerr 9 minutes ago | parent
bartender26 9 minutes ago | parent
TheTrueAres 8 minutes ago | parent
pwthornton 4 minutes ago | parent
seydor 3 minutes ago | parent
What changed is the publicity about the affair. So this is about the affair.
Betelbuddy 3 minutes ago | parent
jonathanstrange 2 minutes ago | parent
The future will be commoditized local AI anyway, so it doesn't matter in the long run. I just needed to rant a bit about the US hypocrisy in that matter.
kilroy123 29 minutes ago | parent
Taek 28 minutes ago | parent
Like, maybe him stepping down is the right decision. But it feels like a hit job and something that was pushed through, rather than something that was properly considered as what is actually best for the company.
ASinclair 27 minutes ago | parent
trvrprkr 27 minutes ago | parent
frabjoused 19 minutes ago | parent
calcifer 17 minutes ago | parent
What's your definition? People he sold a GPU to at extortionate markups?
trvrprkr 14 minutes ago | parent
I honestly don't care. It's not a balance sheet to me.
Topfi 14 minutes ago | parent
63stack 13 minutes ago | parent
edent 10 minutes ago | parent
A surgeon who saves a thousand lives doesn't get a pass for the one murder they commit.
If the person who eventually cures cancer also happens to be a rapist, do you remember their name with awe or pity?
The sort of Felicific Calculus practiced by the "Effective" Altruists is a tawdry trick designed to excuse despicable behaviour.
233mhz 26 minutes ago | parent
You don't get to cheat on your wife, company and country and get support lmao, what a strange things to say.
gizajob 23 minutes ago | parent
Some very harsh words being thrown around for Jensen’s very human failings. Try walking in his shoes, or at least having some degree of understanding and empathy.
tranceylc 19 minutes ago | parent
gizajob 17 minutes ago | parent
fuussssip 8 minutes ago | parent
gizajob 2 minutes ago | parent
And you’re a bot so as if you’d know.
ceejayoz 16 minutes ago | parent
Chances are I could just sell them and live for a year or ten off it.
https://www.cnbc.com/2026/07/17/leather-jacket-worn-by-nvidi...
Which illustrates the gap between his life's challenges and everyone else's nicely, IMO.
233mhz 6 minutes ago | parent
> Some very harsh words
Who gives a fuck, every executive is a sociopath, no feelings for parasites
gizajob 5 minutes ago | parent
233mhz 2 minutes ago | parent
Gattopardo 26 minutes ago | parent
neilsimp1 25 minutes ago | parent
b112 23 minutes ago | parent
He could have done a wrong thing. Or the affair could have been perfectly fine with his wife. Or the marriage could have been on the rocks for years, and they both agreed to not divorce, with all the drama and media attention, and just live their own lives.
But you know all this is true, or not true.
Yes?
nemomarx 20 minutes ago | parent
win311fwg 16 minutes ago | parent
notThrowingAway 19 minutes ago | parent
yulaow 19 minutes ago | parent
booty 18 minutes ago | parent
But in this case, Huang himself explicitly mentioned the hurt that he caused his family. I don't think it gets much clearer than this.
I owe my family and all of you an apology.
I was unfaithful to my wife. My actions hurt her and
our children. There is no excuse for what I did. I am
deeply sorry.
Throughout my life, my family has given me love and
support. They deserve my honesty and loyalty. Instead,
I let them down and damaged the life we built together.
I take full responsibility for what I did and the hurt I
caused, and I accept the criticism that comes with it.
To my wife and family: I love you. I know an apology
cannot undo what I have done. I hope our family will heal
and that, over time, I can earn back your trust.
https://www.cnbc.com/2026/11/08/nvidia-jensen-huang-email-bo...mapcars 6 minutes ago | parent
Even if his wife doesn't care it would be wise to keep this apology style, rather than try to go with cliche "its not as bad as it looks".
iammrpayments 2 minutes ago | parent
jkahrs595 18 minutes ago | parent
throwayay58373 12 minutes ago | parent
thehappypm 12 minutes ago | parent
jfckenfishf 21 minutes ago | parent
nsoam 20 minutes ago | parent
slekker 14 minutes ago | parent
Topfi 25 minutes ago | parent
catchnear4321 25 minutes ago | parent
kennyadam 25 minutes ago | parent
detourdog 19 minutes ago | parent
Arn_Thor 10 minutes ago | parent
bar8uyr 24 minutes ago | parent
netrap 24 minutes ago | parent
K0balt 22 minutes ago | parent
If you think that billionaire execs of highly strategic companies don’t have the CIA nonconsentually implanted in their colon you are extremely naive. He misstepped politically.
I’ve known a lot of execs, and I can probably count the ones that were highly successful and never cheated on their wives on one hand. The temptation comes with the territory, and the opportunities are endless and disarmingly charming. It takes a man of outstanding moral character to be unfailingly perfect under those circumstances, and unfortunately outstanding moral character is often not what gets you into the c-suite. It’s a lot like rockstars in the 70s, actually, but with more boring clothes.
zippyman55 21 minutes ago | parent
hashmap 24 minutes ago | parent
ExoticPearTree 15 minutes ago | parent
So much hate for him, it is sad.
HolyLampshade 23 minutes ago | parent
I’m sorry but this shows wildly inappropriate decision making. Say what you will about honeypots (I received specialized “warning” early in my career, but I recognize that is abnormal), but we all are forced through training every single year about how relationships at work, especially with imbalanced power dynamics, are inappropriate and should not take place.
I don’t care about the infidelity, but he represents the company at its pinnacle. He had to go.
furyg3 22 minutes ago | parent
You can agree or disagree with his position on exporting to China being good/bad for nVidia or the US. But actively working closely with a company (Megaspeed) where, from a thousand miles away, it was clear that their primary goal was to get around and/or bend US export controls... that's a bad idea. Megaspeed was clearly working for the direct benefit of the Chinese government.
Add onto that having an extramarital affair with the representative of that company? Come on, it's extremely likely she's an agent of China, and if not it's a gigantic business risk.
Then, on top of that, you have to remember that he's married. A divorce results in half of his shares going to his wife, who would then have a grudge, probably not in the best interests of the comapny.
MattDaEskimo 22 minutes ago | parent
Not a single inch of empathy for his wife and family, nor the misled investors and staff.
CodeArtisan 19 minutes ago | parent
worldsavior 18 minutes ago | parent
realmanrealmanu 17 minutes ago | parent
yokoprime 13 minutes ago | parent
KaiserPro 13 minutes ago | parent
I mean yes, he shouldn't be hounded, but if he'd kept it in his pants, he could have avoided all this nastiness.
WhitneyLand 6 minutes ago | parent
However let’s hold both thoughts at once, this was no hit job. Nvidia was forced to act quickly to mitigate business and legal risks. The eventual fallout they’ll face is still not fully known.
htrp 28 minutes ago | parent
theandrewbailey 28 minutes ago | parent
lenerdenator 28 minutes ago | parent
I'm not familiar with the thing I'm seeing.
Might call my financial advisor and ask him to buy some shares. They'll be lower, and the board has shown it can actually protect the interests of shareholders.
lvl256 28 minutes ago | parent
kphorn 25 minutes ago | parent
ACCount39 25 minutes ago | parent
lolcatzlulz 17 minutes ago | parent
jmathai 9 minutes ago | parent
This includes his family and the family of those involved in the affair. Many lives were turned upside down.
ChrisGreenHeur 14 minutes ago | parent
Apparently I am able to, what was that?
jansan 7 minutes ago | parent
KingMob 12 minutes ago | parent
Pretty sure all those nVidia employees over the years had a bigger hand in building it.
stonedivot 7 minutes ago | parent
coldpie 12 minutes ago | parent
lrae 7 minutes ago | parent
> Nvidia CEO Jensen Huang Backs California Billionaire Tax Despite Potential $8B Bill
> "I don't mind paying taxes. The more you make, the more taxes you pay. I'm okay with that," Huang said
mynti 27 minutes ago | parent
gizajob 22 minutes ago | parent
cogman10 11 minutes ago | parent
This is a CYA move by the board as all this is becoming public.
ferguess_k 27 minutes ago | parent
bix6 26 minutes ago | parent
iammrpayments 23 minutes ago | parent
bix6 21 minutes ago | parent
This man lied to the entire US economy and cheated multiple times. Stop excusing his conduct.
swolios 14 minutes ago | parent
These people have homes in places not only where prostitution is legal but much worse - and are rarely with their "family".
bix6 11 minutes ago | parent
mschaef 6 minutes ago | parent
This will be particularly evident if the GPUs to China aspect turns out to be true in addition to the affair. It's not really a surprise that someone who might view themselves above the vows they took to their life partner might also view themselves above their other legal and moral obligations. (Like, in this case, following export laws.)
Beyond all that, it's also not unreasonable to expect our leaders to lead by example. The affair with the spy was setting a bad example. The affair with a subordinate was setting a bad example. You're right that a part of that's about sex, but it's equally much about personal judgement, risk exposure, what it means to lead, and the organization you aim to create. So I wouldn't be so quick to diminish it as being solely about "other peoples sex life".
macinjosh 26 minutes ago | parent
whatever1 26 minutes ago | parent
franktankbank 25 minutes ago | parent
karimf 25 minutes ago | parent
Given the report that the US gov knew about this for a while, it seems more likely that it's coming from the administration?
Arn_Thor 6 minutes ago | parent
This breaking just before a meeting with Trump/Xi and just after the midterms show a changing wind in Washington is a hell of a coincidence—or not.
saberience 24 minutes ago | parent
I think if you could know the truth, 75% of CEOs in the US probably cheat on their wives. They are not hired to be faithful to their wives, they are hired to increase the stock prices of their companies.
Like sure, if you're a good Christian, it's not good behavior, but ultimately, it's just having sex with someone. I want the guy to make me money and build a great company, I don't care who he has sex with.
fuussssip 20 minutes ago | parent
This isn't just a case of some extramarital sex.
e0n 19 minutes ago | parent
lastofthemojito 17 minutes ago | parent
Could 75% of CEOs in the US help foreign intelligence assets to evade export controls and not face consequences?
twodave 17 minutes ago | parent
dyauspitr 16 minutes ago | parent
thibsrn 24 minutes ago | parent
ghc 23 minutes ago | parent
gizajob 20 minutes ago | parent
modzu 20 minutes ago | parent
thelastgallon 23 minutes ago | parent
gotmedium 23 minutes ago | parent
bekman 23 minutes ago | parent
mihaaly 15 minutes ago | parent
bbor 13 minutes ago | parent
yokoprime 12 minutes ago | parent
dangoodmanUT 22 minutes ago | parent
The king’s crown tumbles. Stock is already down 10% this morning.
I wonder if this will be the catalyst for Nvidia losing the lead
dewwi 22 minutes ago | parent
mihaaly 22 minutes ago | parent
yanhangyhy 21 minutes ago | parent
isoprophlex 20 minutes ago | parent
DonHopkins 20 minutes ago | parent
One Blue Tsunami, and now all the oligarchs are suddenly turning progressive and transitioning! Trump was right all along. This is exactly what he was trying to warn us about.
Think of all the mistresses who will now have to accept and adapt to their oligarch lover's new gender -- Jensen has at least two that we know of, but when you see two ants in the kitchen, you know there are a lot more. I can't wait to see the wig Bezos picks out.
logicallee 20 minutes ago | parent
https://stateofutopia.com/laws/3/law3.html
I'd like to give some insight into this process. A few days ago, we learned that market disrupters were planning negative news to artificially collapse the AI economy, we investigated it at the time and considered completely outlawing short selling. Here is our investigation: https://grok.com/share/c2hhcmQtMw_e05fb23d-aa67-43e4-a7c1-df...
As you can see, it was not clear that we should completely eliminate short selling.
When the character assassination process began against Jensen (who is the Founder of NVidia; he currently owns around 3% of the stock; his stake is worth around $100 billion) we gave our feedback that this is not newsworthy.
Yesterday, we learned of plans to remove him from his position and passed the law linked above, making this illegal.
We will now begin the process of liquidating and delisting the short seller companies involved. These are some investment banks.
We do not consider any of the recent reporting to be newsworthy or material.
Sol- 19 minutes ago | parent
I assume leaning on Nvidia to integrate chip verification and tracking to not let any unmonitored compute exist in the world is next, which is also in line with what the leading US labs want.
ekojs 19 minutes ago | parent
From the NYT live updates.
Ah well, I'm somewhat seeing parallels to the 2023 OpenAI drama, not sure if this is gonna be how things end quite yet.
worldsavior 19 minutes ago | parent
alangibson 19 minutes ago | parent
jmyeet 18 minutes ago | parent
I think the affair with the subordinate was the big problem. That opens up NVidia to a lot of legal exposure.
The Chinese spy is bizarre because these guys have corporate security and cooperation of the US government. How was this allowed to happen?
Skirting export bans is an unknown. I honestly don't believe this administration would let anything bad happen there. Jensen Huang is simply too rich and NVidia too big.
mcmcmc 3 minutes ago | parent
trolleski 18 minutes ago | parent
shaolinspirit 17 minutes ago | parent
bad_haircut72 17 minutes ago | parent
ObnoxiousProxy 17 minutes ago | parent
Mind you, when these affairs happened is also literally when he took the company to 5T market cap
Anyway, Nvidia is screwed.
nemomarx 14 minutes ago | parent
avajon 16 minutes ago | parent
Colette Kress has brain of Marisa Mayer who destroyed Yahoo. A woke clown to lead technology company? No vision, no skills, no understanding of technology.
addisonj 16 minutes ago | parent
I don't want to sound like a Jensen apologist, obviously huge missteps on his part, but he was quite a figure in shaping the last few years broad economic narrative. Good or bad, he was a force in shaping one of the largest investments ever. Does that shift without him? Does it shift really quick?
I would have preferred a slow fade into the sunset as a opposed to a dramatic exit. Yes, there would have always been a correction, but the bubble bursting explosively vs a more measured, slower correction will have different broader impacts and I just hope this doesn't push more towards the outcome that hurts a lot more.
debrisontrack 16 minutes ago | parent
chvid 16 minutes ago | parent
ksec 15 minutes ago | parent
I was under the impression he sold it to a Singapore company, or even any other companies. What those companies do with those GPU is not his fault.
This whole thing is just a sad story.
ZoneZealot 6 minutes ago | parent
The same company they've audited the datacentres of, and saw dummy non-running servers within which had been stripped of their GPUs, and were 'fooled' that they were simply yet to be commissioned.
Varelion 15 minutes ago | parent
nickalaso 13 minutes ago | parent
So, I guess I'll timestamp my prediction that now is a good time to buy NVIDIA stock.
JoJacobs7676 12 minutes ago | parent
sys_64738 12 minutes ago | parent
kittikitti 11 minutes ago | parent
thwgrw 10 minutes ago | parent
ddxv 10 minutes ago | parent
Now without him there will be a vacuum for the ideologies of Dario / Elon / Sam to fill the void.
twodave 10 minutes ago | parent
Jackson__ 6 minutes ago | parent
igleria 6 minutes ago | parent
kphorn 4 minutes ago | parent
nemomarx 4 minutes ago | parent
bad_haircut72 2 minutes ago | parent
BeetleB 2 minutes ago | parent
When I entered the workforce not so long ago most companies didn't even have policies against it. My university didn't make a policy about it until 2012.
I think it's a good policy and it's fair they enforce it, but equating it to sexual harassment is nonsense.
thwgrw 10 minutes ago | parent
mapcars 9 minutes ago | parent
kphorn 9 minutes ago | parent
I think the real risk for the economy, the AI industry, and the US is that Nvidia becomes JUST another company. Nvidia losing 50% of its value from its peak means it’s still a $3 trillion company. What if it loses 90%? Then it’s the size of Intel which we generally agree is an important part of the industry.
Nvidia can afford to invest in companies because the stock is so high and capital is incredibly abundant. Those companies buy Nvidia products at the 50% NET margins. Nvidia gets a ton of cash. Earnings are crazy. But if this cycle stops and efficiency wins in the market (lower margins, more competitors, more options), then Nvidia goes back to where they were which was a Tier-1/2 supplier battling for margin and market share. That is not a $6T company.
nemomarx 4 minutes ago | parent
qsymmachus 1 minute ago | parent
another_twist 8 minutes ago | parent
nickdothutton 8 minutes ago | parent
igleria 8 minutes ago | parent
Still icky, but this person still enjoys success as a CEO of their company. Huang not anymore.
ramshanker 7 minutes ago | parent
listedb 7 minutes ago | parent
codingisfreedom 7 minutes ago | parent
Felt like he knew what he was talking about, and spoke with real passion and vision.
Watching tech keynotes these days feels like the same boring marketing script on repeat.
I’ll miss that.
jthomas1 7 minutes ago | parent
meowlamoon 6 minutes ago | parent
Meaning that the 9 people pushing him out add up to own 0.36% of Nvidia share, only 0.36%
This is betray of shareholder interest. The board doesn't own Nvidia, this is not their business, yet only they can vote. they just want to finish as soon as possible, and you get a mad result.
zahlman 3 minutes ago | parent
ryzvonusef 3 minutes ago | parent
Eh, i think he's acting as a heatshield for Nvidia, his affairs are irrelevant, but the Chinese sales could put both Nvidia as a company and him as CEO in jail... this allows them both to pretends it's a 'personal issue' and get away with it.
That bit with Dwarkesh was very prophetic in hindsight.
lavendermon 1 minute ago | parent
AI pushed Jensen into the spotlight very quickly and he didn't respond well, but he should go down in history as an extraordinary leader.