YHK - yet another hacker news clone

Bad timing for ANT?

Divide it by 2 and each of them come out cheaper

Meh, not really. NVidia stock is presumably rebounding as we speak -- unless they pick someone political or unhinged to take over, this will just be a blip.

And I doubt it'll cost him much. What could you pay the founder of the second most valuable company on the planet who already holds $150B in equity? It'd be as absurd as paying Donald Trump.

Probably in dollars, but Anthony and Cleopatra cost themselves the two greatest empires in the known world.

Presumably he was not given a choice by the board.

Not sure people have grasped how serious this all is; the second affair alone would fell most CEOs because it was with an employee.

But my guess is, he'd rather resign on this note than what will come out in a few weeks.

Because the CEO serves at the pleasure of the Board. The board decided it was time for him to go.

Then it was a negotiation about how.

Sometimes people can see the writing on the wall and choose to not burn down their life’s work on the way out.

There is evidence of a second affair that is also problematic coming out, the BBC had some reports.

Because it would be damaging to the company which he founded and has a massive stake in, both financial and personal.

He didn’t resign he “resigned”

Resignation means that he can start liquidating his shares without input from shareholders or directors.. Divorce will also be likely. Affairs with the staff would matter if he had promoted people; who knows what else is in that stack. He had planted his own kids with no experience in tech as executives there too . He is a zillionaire though and he has enough cash for many generations.

Don't worry about him.

Step one: don’t even give the appearance of infidelity as a c-level unless you’re Elon.

It’s really not hard.

“some fines” could be a very big deal. Sanctions laws have teeth.

How much of Nvidia’s revenue came from infringing sales to china? If so, that revenue is probably going to disappear as now they will have to really be serious about export controls or face much greater pain. Some estimates I’ve seen is 30% of their revenue perhaps disappearing overnight!

They'll be fine for a few years with a talking donkey running the place because they have a roadmap. And then when the situation on the ground has changed and the future is ambiguous, they will nosedive like SGI did. My money is on Huawei now. Way to go America! You've actually outdumbed the CEO's poor choices of mistresses.

Sort of agree but he did go around and spoke how export controls to China have no effect, and then he's in bed with a foreign asset, so lots of geopolitical stuff in there.

Plus whole lot of people waiting for that signal that the "AI bubble " is about to burst.