alt Hacker NewsJensen Huang resigns as Nvidia CEO immediately
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I hope there was more to these claims that we weren’t privy too.
IMO, should be illegal for company policy to retaliate against someone for a personal romantic relationship.
Bummer. He stood in the way of regulatory capture and AI monopolists had him removed. I foresee the open model / open weights ecosystem eventually getting locked down, especially the most competitive Chinese models.
duplicate of this maybe: https://news.ycombinator.com/item?id=50467087
Wow, Reuters is orwellian. I was just reading something about Huang owning something like 3,6% of the company, when mid-sentence the page refreshed and the paragraph disappeared.
Maybe the most competent tech CEO in recent decades, or at least one of. A Steve Jobs and Voznyak, all in one person but with no charisma.
NVIDIA's long-term future will suffer because of it, no matter how correct the decision is
What are the implications if up to 15% of revenue was "fake"? The investors have been pricing Nvidia based on demand and revenue from (most places except for China). Since it turns out that it was actually (most places including China), doesn't that imply the market is actually smaller than they thought? Can buyers sue because they paid increased prices for their products due to sanction breaking by Nvidia?
Hopefully this will not cause a shift in the way nvidia operates, for example in relation to research and open source.
I mean, imagine nvidia becoming like Apple, with an AI App Store ... trying to maximize their profits above everything else.
So, I understand this is getting priced in to some degree, but I just don't see how any of this will change the fundamental core business value of NVIDIA.
Even if they have to pay a fine or increased regulatory scrutiny. At this point NVIDIA is more like SHELL(10 years ago maybe/during oil spill scandal) than a tech company. Its going to keep printing money with its chips.
So, I guess I'll timestamp my prediction that now is a good time to buy NVIDIA stock.
He must have come in cross hair with the state somehow,
I'm guessing this is the most expensive affair in history?
It just sucks because Jensen was basically the last big tech CEO that seemed like a human being, and knew what the hell he was talking about. I guess a little too human in the end. But this has pretty much destroyed my last bit of faith in any of them.
Ooh a real world test of whether CEOs are dispensable.
Yay for powerful people being held accountable for their actions. Do Musk next.
Someone right now must be smoking a cigar and going "I love it when a plan comes together". Clean snipe.
As an outsider, can the US president pardon Jensen AND Nvidia? Let’s say he “donates” a cool hundred million dollars, and the fact that as per US law corporations are people, I think Trump can technically do that?
P.S: not saying this should happen.
Jensen will probably run SpaceX's chip fab and grow it to the size of Nvidea.
Next investigate the board and make sure they are sneaky clean too.
Elon(and others) got it right by making perfidity a feature of there character right up front by bieng VERY public about whatever they get up to. Jensen just so happens to be a convienient scapegoat to buy a news cycle away from the very difficult political and economic situation that would otherwise be the lead story, and I bet that having him fold his hand quite so easily is actualy not what they were hoping for, and good on him for doing it.
Jensen is basically Nvidia, he has ruled it for over 30 years single handedly, he took the risks and had the vision to take it to where it is today under his leadership. Without him, they are just some chip company, and will be revalued as such. The innovation will stop.
Why would he resign on this note? He could have powered through it for a couple more years, and asserted leadership.
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what if Jen-Hsun intentionally leaked industrial secrets to China because even if he's taiwanese, his familly is loyal to PRC? And the whole spy/affair is just a cover-up because someone was about to expose him, maybe blackmail him?
He should resign bc of fucking his clients and employee ( I know no man at his level got punished by abuse their power in the past, but I really hope this can be the norm)
The spy thing though smells so suspicious, even some in congress raised this. https://www.politico.com/news/2026/11/11/jim-himes-alice-hua...
Wow, this is enormous. End of the AI bubble?
LLMs will be completely unaffected, but the pricing remains to be seen.
I'm actually surprised at this. I figured everyone would justify keeping him because he made Nvidia (and investors) so much money. Money > anything else